FX_Professor

GOLD Update- Not Ready to Rise Yet

COMEX:GC1!   Gold Futures
GOLD prices still suffering from 2 factors:

- Rising strong US Dollar on rate hike expectations

- New Safeheaven called Digital assets (mainly Bitcoin)

We do expect the price to rise but later down the road.

For the time being this is resistance time and time to go lower... unless off course it can break over this level which for now is just wishful thinking.

One Love,

the FXPROFESSOR

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