Currently, precious metal Gold is facing a strong resistance zone around 1780 and in my opinion, it is likely that Gold will have a slight correction here and we can establish a sell position. down at this price zone with the target around 1755-1760.
During Asian trading hours, the market trades lightly, investors are waiting for the Fed meeting, and the market has digested all the information and sentiment. Therefore, the market is currently maintaining a neutral status. Before the meeting, the market trend may not be large and clear.
Tonight, the Fed will hold an important meeting on interest rates, in which the "dot plot" will be announced. Before the meeting, the market may not be too volatile.
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