Gold has been on a parabolic rise and now with the FED rate rise we could see a sell.
Initial interest rate rises have been like kryptonite to Gold previously and I expect if the current structure breaks potentially a re-test of the rising trend line.
Initial interest rate rises have been like kryptonite to Gold previously and I expect if the current structure breaks potentially a re-test of the rising trend line.
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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.