YertuntsTrader

Gold ! short broke the support

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
On Friday, gold decreased in price from 1755. Gold closed at 1734. Next week, traders must be curious how market is going be between 1716-1711. If price breaks through the support line, it may go down till 1680-1677. Powell released news on interest rate - if it is necessary, they will increase the interest rate. Because of the news, DXY increased and XXX/USD decreased.

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