DNA_BrianTrading

DNA_BrianTrading Updated 

Many organizations are predicting that the US may not lower interest rates this year due to the uncertainties. Goldman Sachs' recent forecast supports this prediction by stating that the US Federal Reserve (Fed) will not decrease interest rates in 2023. The Fed will pause after 10 rate hikes, which is the most popular step in the next 6 months. As a result, the...

DNA_BrianTrading

Gold accumulates for the new growth trend Break through the downtrend for the uptrend To be more sure, can wait for Gold to break up to create a dow BUY GOLD 2021 - 2024 Stoploss : 2018 Take Profit : 2030 Take Profit : 2040 Take Profit : 2050 Note : TP, SL full to be safe and win the market !

DNA_BrianTrading

The price of gold increased slightly and was supported by various factors. The US dollar was negatively impacted by the Federal Reserve's dovish expectations, which in turn benefited the XAU/USD. Additionally, concerns about a potential banking crisis and the US debt ceiling provided further support for gold. Traders are now waiting for the release of the US...

DNA_BrianTrading

What is the direction of gold in your opinion? I think it will be a big drop to break through the trend line