SHORT XAUUSD
Updated
Due to the recent trade wars, tariffs, gold has been spiking up, we all know gold spikes up when the market thinks that we are going into recession.
The reason why i say gold is going down, i honestly feel that the trade war will be resolved by trump during the G20 summit.
The reason why trump wants a trade war with china, he wants the feds to cut rate, so after a rate cut and a resolve trade deal, the market will continue to bounce to reach all time high.
Good luck!
The reason why i say gold is going down, i honestly feel that the trade war will be resolved by trump during the G20 summit.
The reason why trump wants a trade war with china, he wants the feds to cut rate, so after a rate cut and a resolve trade deal, the market will continue to bounce to reach all time high.
Good luck!
Note
we might see one more wave of up to 1350 before going up.Be patient. :)
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