Gold: Inflation data added fuel to the rally
Gold was already in an upward rally . the inflation data released to just added fuel to it. Our target for this week was 1967 which is already hit. Shorts are not favourable at these levels . buying the dip is the best strategy. Gold may see some correction after the fed speech today . daily closure above 1970 will open doors for 2000.
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If you like this or if you think the opposite of this or if there is any other opinion, mention it in the comments. I am open to all kind of suggestions and critics.
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