Gold is on the rise.
Has been consolidating the past few days and we are seeing some support at 1383-1401 region.
Has been consolidating the past few days and we are seeing some support at 1383-1401 region.
Note
Been ranging at 1425-1411 region.Looks like we are facing a strong resistance.
Note
I have a gut feel that this pair will hit 1498 the next few days. That being said, FED might do a 25 BSP cut with a more dovish tone.
There is some buying seen in the past few days, I think smart monies will bring this pair up to 1498.
That being said, I can be wrong too.
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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.