GOLD had created an absolutely beautiful candle yesterday upon news of inflation being at all time highs. The question is, will GOLD continue to rise on the basis that the FED will be playing catch-up with inflation? Or will it drop it like its hot on the basis that the FED will now be more pressured than ever to hike rates. Let me know on your comments below! This is my trade idea, I do believe we will bull back to 1900-2000 however there is too much liquidity for the taking on the way down to 1750 area so it would be more likely to come down before it continues upwards.
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Thank you. ✌❤
Please like and follow for more ideas!
Thank you. ✌❤
Comment:
This aged very well.