Gold was already in an upward rally . the inflation data released to just added fuel to it. Our target for this week was 1967 which is already hit. Shorts are not favourable at these levels . buying the dip is the best strategy. Gold may see some correction after the fed speech today . daily closure above 1970 will open doors for 2000.
If you like this or if you think the opposite of this or if there is any other opinion, mention it in the comments. I am open to all kind of suggestions and critics.
If you like this or if you think the opposite of this or if there is any other opinion, mention it in the comments. I am open to all kind of suggestions and critics.