Money supply increased for the first time, Gold price will decre
Zaktualizowano
Gold prices dropped slightly to hover around $2,360 per ounce on Wednesday. This decline was attributed to investors scaling back their expectations for interest rate cuts by the US Federal Reserve this year. The market is also eagerly awaiting the release of the key PCE inflation report.
GOLD is following the previous wave E assessment, completing wave 4 and continuing wave 5.
Gold price resumed its uptrend on Thursday and climbed more than 1% as US Treasury yields dropped, undermining the Greenback's appetite.
🔴SELL GOLD: 2364 - 2366 , SL: 2370
(scalping)
🟢BUY GOLD: 2317 - 2315, SL: 2311
(scalping)
GOOD LUCK EVERYONE👍
GOLD is following the previous wave E assessment, completing wave 4 and continuing wave 5.
Gold price resumed its uptrend on Thursday and climbed more than 1% as US Treasury yields dropped, undermining the Greenback's appetite.
🔴SELL GOLD: 2364 - 2366 , SL: 2370
(scalping)
🟢BUY GOLD: 2317 - 2315, SL: 2311
(scalping)
GOOD LUCK EVERYONE👍
Komentarz
Just as I predicted the support point 2322 was touched and bounced up
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