– Buys on close above 1665.100 as price breaks above 30min Resistance formed at London close targeting 1h Resistance at 1669.700, Leaving Runners to the Daily / 4h Resistance at 1673.300.
– Sells on close below 1657.500 as price breaks below 4h Support targeting 4h Support at 1650.400, Leaving Runners to the Weekly Strong Support at 1644.400.
– Overall gold is in a Consolidation on the Hourly timeframe holding a major Daily Resistance / Rejection area, Price could possibly keep ranging on the 4h timeframe in preparation for Federal Funds Rate.