There is no longer a chance for gold to decrease.
The price range between 2004 and 1976 has been maintained by gold for more than a month. Since the conflict in the Middle East broke out, gold has been in this price range and is waiting for an opportunity to break through.
Instead of the Israel-Hamas conflict strongly affecting the gold market, it will now turn to a Fed rate cut, with the only question being when and by how much.
In the near future, the 2000 support zone will be a place for gold to rely on and maintain stability above the 2010 level.
Plan trading BUY GOLD 1975-1977 SL 1972
Instead of the Israel-Hamas conflict strongly affecting the gold market, it will now turn to a Fed rate cut, with the only question being when and by how much.
In the near future, the 2000 support zone will be a place for gold to rely on and maintain stability above the 2010 level.
Plan trading BUY GOLD 1975-1977 SL 1972
Trade active
Trade active:
waiting gold hit entry
Comment:
GOLD HIT trendline in zone 1972
Comment:
BUY AGAIN 1971-1972 SL 1969
