Yesterday I mentioned the 55 dma support around 1327 which was giving the not so shiny stuff a little support, and Ryan highlighted the breach in his post later
We’ve seen further losses this morning getting close to the 1306 level that Ryan pointed out and there is further support at 1300, 1280 and 1272
Currently 1311.45 it’s becoming a better value trade to buy down here but caution must remain ahead of the Fed next week.
Gold H1 13 Sept