FXKG

Daily Analysis for GOLD

Long
FXKG Updated   
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
Good day everyone! The long term bias for gold is bullish with the feds slowing down + the indlation still there. The rish of a recession is still not out of the question so a new ATH for gold is still possible!
Comment:
Be careful since we will have some volatiliy at the opening. That is because of the Fed's comment yesterday; "I'm ready to move away from 75 bps increments at the December meeting."
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