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GOLD FED 20.03.2024

FXOPEN:XAUUSD   Ouro/Dólar Americano
Gold is awaiting an important event, which is the interest decision issued by the US Central Bank. I expect the price to be fixed at the current range of 5.50. This will be positive for the dollar and negative for gold. We expect strong fluctuations in the market.

Technically, we expect to reach 2175 and even 2190, and from here the decline begins to 2129 and up to 2116. The area was broken with an hour candle, so we expect prices to reach 2083.

Good luck
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