Weekly chart of gold has given us a warning signal on the edge NOW.
The green wave is possible for it to go if FOMC reject the rumor of cutting rate this week.
Red wave for any strong info from FOMC to confirm the rumor that they will cut rate next month or this year.
Its now all up to FOMC now.
But before FOMC, it is reasonable to expect a correction down to next supports.
LESS IS MORE!
The green wave is possible for it to go if FOMC reject the rumor of cutting rate this week.
Red wave for any strong info from FOMC to confirm the rumor that they will cut rate next month or this year.
Its now all up to FOMC now.
But before FOMC, it is reasonable to expect a correction down to next supports.
LESS IS MORE!