Seems a lot of talk about the 200ma around current levels and anticipation of FOMC meeting tonight concluding the rate decision. I gues we will find out which way gold will head to now that it is at the bottom of that tight range. Risk is off as USDX is where the money went to. Cushioning effects through AU.
US risk Market is also waiting and only NASDAQ rallied most probably over sold recently with good reporting. I’m surprised our futures index is holding onto the gains.
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