*My opinions,please share your opinions if we are different.*
After the FOMC Meeting, the gold breaks the triangle pattern and rise higher. It means central bank buy large amount on the demand area. At this stage, we should pay attentions to the price, whether the central bank buy for long term or short.
Last Year: US Inflation Rate rise to 6.8% and this year central bank wants to rise the interest rate to pull down the inflation rate.
This Year: Russia and Ukraine wanted to begin the war. It provides a good support on gold. This month: US CPI was same as before,0.6%. Unemployment rate is 5K lower people than the last month.
After the FOMC Meeting, the gold breaks the triangle pattern and rise higher. It means central bank buy large amount on the demand area. At this stage, we should pay attentions to the price, whether the central bank buy for long term or short.
Last Year: US Inflation Rate rise to 6.8% and this year central bank wants to rise the interest rate to pull down the inflation rate.
This Year: Russia and Ukraine wanted to begin the war. It provides a good support on gold. This month: US CPI was same as before,0.6%. Unemployment rate is 5K lower people than the last month.