Short-term Selling Strategy after the strong rally on June 16
Although, on June 15, the US Federal Reserve (Fed) raised its GDP growth forecast of the US economy from the previous 0.4% or more to 1% of GDP in 2023. This only helped the USD increase in the US session on June 15, but reversed the plunge right after only 1 session.
Recently, experts from the World Gold Council (WGC) said that, even if gold faces challenges in the short term after the Fed pauses its aggressive monetary policy, it still maintains its view As a "hawk", investors should continue to view gold as an important strategic asset.
The dollar fell because the Fed continuously raised interest rates, helping this currency reduce the "heat" in the market. Moreover, from next month, the US Government will start to issue 1,100 Billion USD of bills to ensure the budget consideration, when Tran Cong is favorable.
Perseverance at them to 1 command sell short time
𝖷𝖠𝖴𝖴𝖲𝖣 SELL 1962 - 1964
✅𝖳𝖯1 1958
✅𝖳𝖯2 1950
✅TP3 1942
🛑𝖲𝖫 1970
Recently, experts from the World Gold Council (WGC) said that, even if gold faces challenges in the short term after the Fed pauses its aggressive monetary policy, it still maintains its view As a "hawk", investors should continue to view gold as an important strategic asset.
The dollar fell because the Fed continuously raised interest rates, helping this currency reduce the "heat" in the market. Moreover, from next month, the US Government will start to issue 1,100 Billion USD of bills to ensure the budget consideration, when Tran Cong is favorable.
Perseverance at them to 1 command sell short time
𝖷𝖠𝖴𝖴𝖲𝖣 SELL 1962 - 1964
✅𝖳𝖯1 1958
✅𝖳𝖯2 1950
✅TP3 1942
🛑𝖲𝖫 1970
Comment:
Running +20 Pips 🚀🚀
Comment:
Hit TP1 +60Pips ✅ ✅
