As fed is hawkish and stubborn not to cut the rates to tame the inflation as its well above their 2 %goal.
Powell chair is expected to talk on friday and as per my view Gold is brearish until it makes a daily close above 1960.
gold can be short with 1925 to 1930 level to 1862.
Good Luck Cheers!
XAUUSD
Powell chair is expected to talk on friday and as per my view Gold is brearish until it makes a daily close above 1960.
gold can be short with 1925 to 1930 level to 1862.
Good Luck Cheers!
XAUUSD Note
Stop loss can be set to 1948
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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.