GOLD - Simple Fundamental and Technical Analysis
- Unemployment claims data shows a good US market strength. This lead the Gold to break 1956 price point of interest.
- Unemployment was Better than expected but keep in mind still higher than previous.
- Powell has been talking about delayed effect of rate hikes.
- Uncertainty due to higher interest rates is still there which
Please read on the charts about Possible scenarios I am looking to get into market. Please let me know your thoughts in Comments. Like the Idea. Any valid question, please feel free to ask.
The analysis is only for educational purpose, always think about protecting your wealth before taking any trade.
- Unemployment was Better than expected but keep in mind still higher than previous.
- Powell has been talking about delayed effect of rate hikes.
- Uncertainty due to higher interest rates is still there which
Please read on the charts about Possible scenarios I am looking to get into market. Please let me know your thoughts in Comments. Like the Idea. Any valid question, please feel free to ask.
The analysis is only for educational purpose, always think about protecting your wealth before taking any trade.