Gold (XAUUSD)Long
Perfect Reversal from (2588) - Buyside liquidity Area
As per my perdition and accuracy, the gold get reversed from perfect liquidity area.
As Fed indicates 18th Sep, the interest rates will be cut off and starts from 25 basis point.
As over all past data shows and indicated the unemployment rates are too high and other PMI/Sales/CPI etc...are not good sign for economy of US.. So myself expect 50 point will be cut off. incase if 50points cut the market/Gold will break 2600.
Lets wait and see the game.
As Fed indicates 18th Sep, the interest rates will be cut off and starts from 25 basis point.
As over all past data shows and indicated the unemployment rates are too high and other PMI/Sales/CPI etc...are not good sign for economy of US.. So myself expect 50 point will be cut off. incase if 50points cut the market/Gold will break 2600.
Lets wait and see the game.
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