XAU/USD: under pressure in anticipation of the US Fed decision

Forex analytics: Since the beginning of this week the price of gold has declined, as investors close long positions in anticipation of tomorrow’s meeting of the US Fed.Today, gold is traded in the narrow range and the volume of the trades is minimal.On the weekly chart the pair XAU/USD fell below support level of 1238.00 (ЕМА144). The indicators OsMA and Stochastic are reversing towards the short ...