Hello traders
Gold has found a recent support at 2311 and the next target area at 2350
It is advisable to avoid any sell in GOLD, Gold is in a very strong up trend an dpotentially will continue
The May 13th inflation report will be a gate opnner for the gold to rally if the inflation dropped better than expected.
Hold gold and wait, As well as #US10Y and #US02Y has been falling and will continue sharply if the inflation dropped strongly. This will increase the market pricing of the feds cutting rates sooner.
Gold has found a recent support at 2311 and the next target area at 2350
It is advisable to avoid any sell in GOLD, Gold is in a very strong up trend an dpotentially will continue
The May 13th inflation report will be a gate opnner for the gold to rally if the inflation dropped better than expected.
Hold gold and wait, As well as #US10Y and #US02Y has been falling and will continue sharply if the inflation dropped strongly. This will increase the market pricing of the feds cutting rates sooner.