As Yesterday (Wednesday) the FED Increase the interest rate by .25 & nothing happened to gold.
Well ECB on Thursday and BOJ on Friday are the final one to react the market & the ECB is expected to rise interest rate by .25 percent too.
Gold may struggle in such a scenario as markets upgrade the probability of one more hike this year. If the FED continures in bringing positive options & the positive ecnonimic data from US then the gold will fall impulsively.
My positions are still of selling from the resistance area.