Gold Spot / U.S. Dollar
Long
Updated

TradePlus-Fx|GOLD: calm

3032
💬Description: Metals have stopped their rapid growth, which can most likely be associated with a “pause” in the Middle East. However, demand still remains and is likely to continue in the near future. Before this, you need to “cleanse” the market of unnecessary passengers, that is, buyers, who are actually fewer than sellers. The latter, in turn, try to enter at the very maximum and, instead of profit, catch stop-losses. Approximately the same scenario most likely awaits us after the price moves slightly lower to 1948.160.

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