While the forex market decides what to do we can take a quick look at the precious.
Buy dips, sell rallies. Take your pick really.
Today’s move down from 1352 to 1332 was rapid enough and keeps the price action contained in recent ranges.
Topside break out of 1355 threatens 1380 while on the down side we can expect to see a defence of 1310.
Right now, stuck in the middle… cue for a song ?
Gold 4 Hour 4 March