ManambinaC

ManambinaC

With the false breakout that we can notice in weekly chart, the big rejection candle last week, Gold is inside a leading diagonal in Daily and H 4, so it could likely continue the downside until the price will break outside of this channel

ManambinaC

During the last FOMC minute, FED has confirmed that the rate hike is over but they don't know when will be the appropriate time to cut it. Technically, we can notice three points : - first, the correction is done if we use our fibonacci retracement from 1972 $ to 2090 $ (50 % or 61 %) ; - second point, we also notice two big rejection in the 2030 $ zone and I...