Wealth_Barometer

XAUUSD: The Fed’s dovish remarks started a rising band

Long
Wealth_Barometer Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold rose sharply after the Federal Reserve's interest rate decision yesterday, and the market turned bullish. It started to be bullish today.

Gold's decline has now ended, and the Federal Reserve is expected to start an interest rate cut cycle next year, which is a big plus for gold! This time gold is expected to break through to a new all-time high again and recover its previous decline! The upward trend has started, follow the trend and get more!

The short-term pressure above gold is the 2060 position, which is the pressure position of the daily Bollinger upper track! After the interest rate decision, the market will change its direction! Now that the trend has started to rise, it is confirmed that you can just follow the trend and buy more!
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