gold is going down
Gold has formulate a negative butterfly pattern with the targets in the chart , also its facing a strong in the current price area , on fbi its on support area 0.61 which is the strongest support area if its break it will increase the negative movement of the gold.
as we get closer to interest decision on 27 on the current month , and its exprcted to increase 50 points which mean more power for the US dollar and more drop for the price of gold .
as we get closer to interest decision on 27 on the current month , and its exprcted to increase 50 points which mean more power for the US dollar and more drop for the price of gold .
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