Złoto / Dolar USA
Short

THE DROP OF GOLD

197
It is too quick of a turn for XAU to set record high and let little to none of traders to run along with the tip of the iceberg. Which is why I have a gut feeling that the turn was way too quick even for major banks to act upon.
I expect a re-arranged highest high to be marked, and also,most brokers have with held real time data in order to carve their losses.
Flip side I expect change in bond yields as well as the Feds intervention upon gold prices in order to stabilize the dollar and avoid rate-cut recession winds.
A turn around at any mark between 2501.000 and 2525.300 is what I am expecting as a liquidity grab zone before descending to the designated mark of 2300.000 TP max.

Do trade with care and use proper risk management.

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