Here is an analysis on Gold
Currently @ $1767
We expect gold to be bullish but short term bearish
The pair might fall back to $1750 before continuing its bull-run or might reverse at the current price
Do note that the pair is trading at support/resistance level.
If it treats this level as support then the pair will head back to $1780 & attempt to hit $1800
Note FOMC report is going to be released today.
Keep an eye on US10Y
link to previous analysis below
Currently @ $1767
We expect gold to be bullish but short term bearish
The pair might fall back to $1750 before continuing its bull-run or might reverse at the current price
Do note that the pair is trading at support/resistance level.
If it treats this level as support then the pair will head back to $1780 & attempt to hit $1800
Note FOMC report is going to be released today.
Keep an eye on US10Y
link to previous analysis below
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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.
Related publications
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.