Good day guys! Another update, I informed you all a day ago that I was still holding this trade. This trade has managed to return some serious profits. With the fed saying it is going to have at least rate hikes by 2023, this is bearish for gold and bullish for stocks. The problem is the fed cannot raise interest rates, because the bottom will drop out. As soon as the markets realized this, gold will go much higher. If you profited off this signal from me, be sure to like, comment and share your thoughts below. We do appreciate you for checking out our post and remember, we will see you on the other side.
@ConradMixologistJohnson, Good day, I believe this trade has a lot of downside to go. I could fall back to $1640. I will post another chart within the next two days. However, trail your SL into profit. I hope this helps. Thank you for your comment.