Gold is up $14.40 to $4210 in early Asian trading to start the week. The main driver of gold this week will be the FOMC decision and how dovish/hawkish the messages from Powell are and the dots. A cut is all-but assured.
Zooming out, the last week of low gold volatility is a real outlier over the past few months. We’ve been stuck close to $4200 and that can’t last.
This article was written by Adam Button at investinglive.com.
