Gold lower again as FOMC fallout continues

Not a good session for the currently less than shiny stuff 21 Sept

Lows of $1291.40 posted from $1315+ highs yesterday as USD demand and potential FOMC hike in December puts the skids under gold/metals.

AUDUSD retreat owes some of the move to this shift lower and remains on the back foot at 0.7932 having survived a first attempt on the 0.7925-30 bids/support I highlighted in the order board.

Some option expiries at 0.7900 potentially in play and should lend some support if we get down there.

Best in 2026

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