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Gold_Wizard_Myanmar

XAUUSD - Downtrend Begin?

Short
Gold Spot / U.S. Dollar (EIGHTCAP:XAUUSD)  
Gold_Wizard_Myanmar  
EIGHTCAP:XAUUSD   Gold Spot / U.S. Dollar
Fundamental Analysis Beyond Technical Analysis
5
0
fundamental beyondta
As we see gold price is fly to 2300 at the start of April. This flying may be manipulation process to sell.

Other side inflation rate is over 3.00 and rate is still 5.5. In this year 2024, next FOMC statment rate will not decrease because to reduce inflation rate.

So, Gold price can see downtrend till around 2.00 of inflation rate.
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