GOLD AND RATE HIKES
Clearly gold manages to move higher during rate hikes which is odd because higher interest should equate to higher dollar.
I dont ask questions though i just look at price action.
I think with Wednesdays rate hike we should see gold rally to 1400+ possible 1500.
We might see a small pullback but overall i think all pullbacks will be very well supported.
GOOD LUCK!
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Share your thoughts!!
I dont ask questions though i just look at price action.
I think with Wednesdays rate hike we should see gold rally to 1400+ possible 1500.
We might see a small pullback but overall i think all pullbacks will be very well supported.
GOOD LUCK!
Like
Share your thoughts!!
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