Gold Today Update
Gold runs as technical analysis yesterday Link . price touches the 1732 zone and turns up. can wait to buy at 1743 and take profit at 1752
Crazy movement down last two days pricing in FOMC beforehand, which ran out of steam on release with not much movement
Inflation related data will almost certainly be used next week for further swings, so we plan to keep LOT sizes small to manage the range. Although we see low 1700s and 1680 is not far, if we can manage the range shift, we can place some long range buy entries for the retracement and overall long term trend.
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