ChuaChangYi

Shorted Gold Round 3

FX:XAUUSD   Gold Spot / U.S. Dollar
Movement of Gold is likely due to strong Dollar over other factors. Personally, I see demand for Gold has decreased due to current state of Risk-on environment. Countries that favor Gold have increased interest rate to combat their inflation level hence that will give another reason why Gold is still not seeing light for now.
Trade closed: target reached:
Target reached.

Will re access market condition for overall valuation on Gold.
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