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Snick3rSD
Mar 17, 2024 11:53 AM

GOLD - Expect triangle breakout ✅ Short

GoldOANDA

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Hello traders!
‼️ This is my perspective on GOLD.

Technical analysis: As we can see here price is forming a triangle with lower lows which means sellers trying to push price lower. I expect upcoming week to see a breakout and downside move to imbalance around 2100 price level.

Fundamental news: Upcoming week we have news with high impact on USD, we will see results of Interest Rate, followed by FOMC Press Conference.

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