SHORT GOLDUSD
Updated
- Dollar remains strong and Fed remains hawkish
- Gold's price actions have not been an 'inflation hedge' this year
- To watch out for tomorrow's US inflation data and July's fed meeting
- Bearish on Gold as long as USD remains strong
- Gold's price actions have not been an 'inflation hedge' this year
- To watch out for tomorrow's US inflation data and July's fed meeting
- Bearish on Gold as long as USD remains strong
Trade active
- Price has dropped as expected and there is still the possibility of a rebound.- Not very far from the profit target.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.