TradePlus-Fx

⭐️GOLD: forecast for Nov 15 - Nov 19

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
➡️ In the medium term, GOLD will grow. The FED is in no hurry to raise interest rates anytime soon. This, combined with high inflation, creates a perfect mix of negative real rates for GOLD.

The combination of the current FED policy and the simultaneous rise in inflation indicates an increase in the price of GOLD. Of course, the goal of such a campaign will be the $1900 level. Gradually, but the main movement of the instrument will be directed exactly upwards, as expected.

At the moment, the price is in the formed balance, where purchases can be considered from the lower border at the level of ~ $1844.390.

👍Thanks for your comments and likes👍

👇🔥LINKS TO PREVIOUS IDEAS AND FORECASTS🔥👇

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.