Gold market is moving as i said and mentioned in previous analysis that Gold due to geotropical issues and American bank SVB fallout, is rising to make highs and it was also mentioned that it will happen before FOMC. By the way it happened. Scroll up and check out ideas. Dont forget to follow, Like and share your opinion in Comments section.
Now look at the chart, Market will crash badly at the time of FOMC, i am pretty sure because FED members will rise Interest rate more than expected and market for gold will crash again. Now question arises when to enter, if we see on calendar, FOMC minutes are scheduled after 3 days. Before FOMC minutes Gold may fly to certain level 2015$. But an immediate selling expected at the time of opening of market till 1972$.
Trade wisely....!
Btw best wishes for upcoming week.
Now look at the chart, Market will crash badly at the time of FOMC, i am pretty sure because FED members will rise Interest rate more than expected and market for gold will crash again. Now question arises when to enter, if we see on calendar, FOMC minutes are scheduled after 3 days. Before FOMC minutes Gold may fly to certain level 2015$. But an immediate selling expected at the time of opening of market till 1972$.
Trade wisely....!
Btw best wishes for upcoming week.
Trade active
Trade closed: target reached