Gold Moves Positive Ahead of Fed
Gold traded in a narrow range ahead of the Federal Reserve's upcoming interest rate decision, with traders looking for clues on the direction of monetary policy next year.
Bullion was trading near $2,645 an ounce, after falling 0.2% in the previous session, as traders awaited the U.S. central bank's final policy meeting of the year later on Wednesday.
RECOMMENDATION
- Buy if price moves to at least $2653
- Sell if price moves to at least around $2643
Resistance Level 2: $2667
Resistance Level 1: $2660
Support Level 1: $2636
Support Level 2: $2629
DISCLAIMER
Note: This article is only an analysis and not a definitive reference. Pay attention to the development of fundamental and technical aspects in the transaction before making an investment decision.
Source: Newsmaker.id