GOLD: Inflationary!
Updated
Hi trader, i want to send you some useful information 🍀
The US economy's decline and subsequent fall back into the global pack could potentially cause an historic re-pricing of the US dollar, but such an event may not happen soon. Currently, the US dollar is experiencing an upward trend in its price, which could be the beginning of another significant increase. The market may be caught off guard by the unexpected strength and resurgence of inflation, which is prevailing over the Federal Reserve at current rate levels.
Re-acceleration of inflation and its win over the Fed will continue to catch the market by surprise
The US economy's decline and subsequent fall back into the global pack could potentially cause an historic re-pricing of the US dollar, but such an event may not happen soon. Currently, the US dollar is experiencing an upward trend in its price, which could be the beginning of another significant increase. The market may be caught off guard by the unexpected strength and resurgence of inflation, which is prevailing over the Federal Reserve at current rate levels.
Re-acceleration of inflation and its win over the Fed will continue to catch the market by surprise
Comment
SELL limit XAUUSD 2011-2014Stoploss: 2020
Take Profit1: 2005
Take Profit2: 2000
Take Profit3: 1995
Trade active
SELL hit TP1: +70pipsTrade active
SELL hit TP2: +120pipsTrade closed: stop reached
SELL hit FULL TP: +170pipsComment
You may be wrong, that's okay! You are not losing money. You get the wrong signal, you lose money ♥
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.