GOLD (XAUUSD): Your Plan For FED RATE DECISION 🥇

Next week, on Wednesday, we are expecting FED Interest Rate Decision.

Here are potential scenarios for Gold:

Bullish
If the price breaks and closes above 1987 daily resistance,
it will be a strong bullish signal.
A bullish continuation will be expected at least to 2000 level then.

Bearish
If the price breaks and closes below 1960 support,
it will lead to a further bearish continuation.
Next goal will be 1940

Wait for a breakout, that will be your best confirmation.

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