Traders-Marvin

Gold’s rebound didn’t come as expected

Short
Traders-Marvin Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold is currently in a weak state and will not see a major rise in the short to medium term. The Federal Reserve's possible interest rate hike at the end of the year is still affecting the gold market.

In the short term, 1890 is my goal.

Wish us good luck.
Comment:
Gold is continuing to fall, and there is little chance of a sharp short-term rebound
Comment:
As we expected, gold prices have fallen below 1895.
Comment:
Already arrived at 1892, expected to arrive later at 1890.
Comment:
It fell to 1890 as expected, which is in line with my prediction. follow up.
Comment:
There is still no hope for a rebound trend today.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.