GOLD - Investors should wait for a solid breakout

Although sentiment in the gold market remains upbeat ahead of the US Federal Reserve's (Fed) monetary policy meeting, experts warn that investors should not expect prices to surpass 2,000. USD/ounce this week as the Fed is likely to maintain its hawkish stance even if it decides to pause.

The momentum indicators are starting to turn slightly uptrend, which makes it possible for the price to move higher.