GOLD : Despite the interest rate hike, gold is destined to fly
XAUUSDGold is ready to fly to 1910-2000. This is a first flight and the next flights are coming, despite raising the interest rate of the Federal Reserve to 75 basis points and clarifying that there is an increase in interest rates in the upcoming meetings, which gives us evidence that the market is saturated with the impact of this news, so technical analysis and geopolitical supports She is the decision maker.
The press conference of the US Central Bank was weak in response to solve the inflation crisis, and even confirmed that inflation may stabilize at 2.2% in the year 2024 after two years, and this depends in parentheses depends that the upcoming US data must be positive, and today it was negative such as unemployment and housing data
And the next worse for the US dollar .
The best purchasing area is: 1835-1832
As a correction after going up to 1845 book your entry and stop loss below 1822
and goals:
1855
1865
1875
And the last is 1885
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