it is Obvious that Gold is in Bear Cycle that should extends to 1800 $
as the Weekly Chart suggests shorting Gold to the next Major Support area which is around 1800
Fundamentals also share the same idea as the Fed insists on its Hawkish stance by keeping high interest rates (maybe another hike this year) along with increased 10 years Bond Yields , in this scene it is better to play on the Fed's side right now .
as the Weekly Chart suggests shorting Gold to the next Major Support area which is around 1800
Fundamentals also share the same idea as the Fed insists on its Hawkish stance by keeping high interest rates (maybe another hike this year) along with increased 10 years Bond Yields , in this scene it is better to play on the Fed's side right now .