Gold price lower again as FOMC fallout continues

Sydney-Australia (Sept 21)  Lows of $1291.40 posted from $1315+ highs yesterday as USD demand and potential FOMC hike in December puts the skids under gold/metals.

AUDUSD retreat owes some of the move to this shift lower and remains on the back foot at 0.7932 having survived a first attempt on the 0.7925-30 bids/support I highlighted in the order board.

Some option expiries at 0.7900 potentially in play and should lend some support if we get down there.

ForexLive