SPOT GOLD: $1756/1721 or $1808/1818 today? Today Gold price a | LiteFinance

SPOT GOLD: $1756/1721 or $1808/1818 today?

Today Gold price achieved D1 SMA 50 (1778) after crashing from H4 SMA 50. 1756/1721 and 1808-1818/1832 levels are the next major Support and Resistance zone. Tapering related statements can push gold up or down $45-90. All three major equity indexes in the US hit new record highs on Tuesday and GOLD once again made a failed attempt to achieve $1800 mark and crashed back from $1796 Resistance zone to $1778 Support zone today morning.

The FOMC meeting for November began yesterday and will conclude today. Most importantly, it will be the statement and following press conference by Chairman Powell... Read full author’s opinion and review in blog of #LiteForex http://amp.gs/j12Z9