Hello guys,
Here is a great set-up for Gold purchase, we are looking for a strong upward move from here all the way up to new All time high at 2530, however 2480 is a resistance with us as well as 2500.
The united states yeilds should continue to drop hard as the market is anticipating 0.5 rate cut in the next meeting, and the sharp rise in #USRATE the USA unemployment rate from 4.0 to 4.3 would make it very strong case for the FEDS to cut 50 base point in the upcoming meeting in 40 days.
So the GOLD should make new high at 2530. Lets take advantage of this high.
Here is a great set-up for Gold purchase, we are looking for a strong upward move from here all the way up to new All time high at 2530, however 2480 is a resistance with us as well as 2500.
The united states yeilds should continue to drop hard as the market is anticipating 0.5 rate cut in the next meeting, and the sharp rise in #USRATE the USA unemployment rate from 4.0 to 4.3 would make it very strong case for the FEDS to cut 50 base point in the upcoming meeting in 40 days.
So the GOLD should make new high at 2530. Lets take advantage of this high.
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signalsview.com
Contcat us to activate systems and access trading signals
Contcat us to activate systems and access trading signals
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.