We had slower volume and volatility at the starting of the week.
With the major focus will remain on FOMC minutes, GDP & PCE data, Yesterday we had optimistic PMI data lead to short term impulsive bearish move which feded out too early,
and gold is in the same range,
We will be still plating dollar strength and gold bearish bias .
Trade setup for the day,
Break below 1836 sell
Break below 1828 sell
Deeper pullback sells @ 1843 & 1848.
we will be only looking to buy above 1852 & on the support 1820.
With the major focus will remain on FOMC minutes, GDP & PCE data, Yesterday we had optimistic PMI data lead to short term impulsive bearish move which feded out too early,
and gold is in the same range,
We will be still plating dollar strength and gold bearish bias .
Trade setup for the day,
Break below 1836 sell
Break below 1828 sell
Deeper pullback sells @ 1843 & 1848.
we will be only looking to buy above 1852 & on the support 1820.