Over last 2 weeks, the market has stopped responding to fundamentals which are showing a stronger labor market than the Fed is willing to tolerate; should have pushed XAU lower.
We're 2 weeks away from the next rate hike (February 1st) and we could see a correction in this time, especially if the market is expecting a less aggressive Fed. In that case, price will...
Hello,Traders!
USD-CAD was trading along the
Rising support line but then a
Bearish breakout happened
Then the pair made a pullback
And a retest but now we are
Seeing a bearish reaction
So a move down
Is to be expected
Sell!
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