Gold eases back towards $2,300 as post-Fed jump fades ...Middle East

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Gold eases back towards $2,300 as post-Fed jump fades
Gold caught a decent jump from the Fed yesterday as it rose from $2,300 to $2,328. The move was faded quite quickly before a slow push to $2,325 again in Asia today. But sellers have been on the ball in keeping the downside pressure since Friday last week. They have been stepping in close to the 200-hour moving average (blue line):That is the case again in the last few sessions, with price action now falling back past the 100-hour moving average (red line) as well. That suggests the near-term bias is more bearish with gold looking back towards the $2,300 mark.The low yesterday at $2,281 will be one to watch in terms of short-term support below the figure level.So, what's next for gold?As we

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