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DanialShahbaziii
Mar 26, 2024 6:05 AM

XAU/USD(GOLD) in anticipation of a price correction Short

Gold/U.S. DollarFXCM

Description

Interest rates in the United States do not fall easily and are accepted by the Federal Reserve when inflation is in equilibrium. It is possible that with the reduction of international tensions, the global price of gold(xau/usd) will decrease, and if we go along with the reduction of interest rates, the increase in demand can be seen in the global price of gold.
There are two scenarios for the price movement, which are highlighted in the full picture
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