Currently, gold prices are being supported by information that the US Federal Reserve (Fed) has ended the monetary tightening cycle and may switch to an easing cycle next year. In the context of a weakening USD and geopolitical concerns, investors still look to gold as a haven.
With the USD trend falling, it is "just a matter of time" for gold to reach an...
A buy on XNGUSD would yield profits for traders despite closing on a huge dip around 9.85% last friday.
A new support formed and if not broken further down between 11pm GMT to 5am then a full bullish momentum towards level 8.9000
We are in a bearish market structure on a HTF premise, price is rejecting right now a bearish breaker area. We have a lot of bullish imbalances that price will tend to fill this days.
LETS GO TO THE DOWNSIDE?
Do you agree ?
