iki308

iki308

As there is uncertainty surrounding the banking system from the previous week and with the upcoming Fed Interest Rate decision, I anticipate that the USD will begin to weaken, regardless of whether the Fed decides to increase the interest rate by another 25 pts I plan to observe the price movement before taking any action and once the Fed announces the Interest...

iki308

- The previous setup failed after Powell's testimony last Wednesday. Despite Powell's hawkish stance remain unchanged, the gold market is still technically bullish in the weekly outlook. - As the RSI (H4 & H1) is indicating an overbought market, there is a high chance of a price retracement to either at the first buy zone (23.6~38.2 Fib retracement) or the second...

iki308 Updated 

- My forecast is that gold will continue to rise towards level 161.8 Fib Extension. - Trade at your own risk. - Thanks!