XAUUSD - last week gold close below key level and close above at the end of the week.
Get ready for a big up move in gold.
Comment:
Expecting gold to move up in the next few weeks leading up to rate hike in mid December.
As interest rate increase corporate debts will be more expensive to pay back. Stock market will slowly feel the weight.
Scared money will move into gold.
I believe early long term gold buyer are getting a very good deal here.
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As interest rate increase corporate debts will be more expensive to pay back. Stock market will slowly feel the weight.
Scared money will move into gold.
I believe early long term gold buyer are getting a very good deal here.