Gold futures are trading lower early Thursday. The selling is being driven by a stronger U.S. Dollar and increased demand for risky assets. Position-squaring ahead of Thursday’s U.S. Federal Reserve interest rate decision and monetary policy statement is also pressuring the dollar-denominated asset. The Fed is widely expected to leave interest rates unchanged, while continuing to express support for a December rate hike. At 0409 GMT, December Comex Gold futures are trading $1224.50, down $4.10 or -0.33%. The main trend is up according to the daily swing chart. However, momentum is beginning to shift to the downside. ... (full story)