QueenMalik101

Gold- sentiment subsides

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Like the old adage goes , when sentiment subsides , reality becomes apparent ! I asked a question over the weekend along the lines of something like this;

Did the news pump the price ?
A fair answer tto that would be Powell Dovish comments did indeed lead to the rally on Friday 27th August .

I still assume the opinion of gold falling after today’s short lived struggle to move to 1820 I think 1700 is very likely in the horizon
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