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GOLD
After reaching a new absolute maximum the price of gold fell to $ 1000 per troy ounce. It was caused by technical factors and only fixation of speculative positions that were closed after reaching the level of $ 1030 per ounce.
If USD continues to decline, there will be new historical highs. In that case, growth could resume either from the level of $ 1000 or $ 980 (helpline ascending channel). However, the announcement of decision on interest rate in the United States (which will be held this evening) may cause movement in any direction. It is recommended to abstain from trading before the announcement of the decision.
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