IMO, that 1160 was the bottom for gold, can see a short covering rally in the near future post fomc.
near term support around 1180. In worst case scenario, 1160 may be re-tested.
We should see a short covering rally into year end.
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Trade playing out as expected. I'll most likely take profits ahead of the Dec fomc.
Chart PatternsTrend AnalysisWave Analysis

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