Gold @1932 it's noteworthy that bullish sentiment has returned following recent news about the war. FOMC members are expressing concern regarding the drop in yields, which may prompt an emergency rate cut in the coming months. As a result, there is considerable potential for Gold to surpass the 2100+ mark. However, it's important to be prepared for a potential retest of the 1880 range,
Looking ahead to Monday, we might witness a $10-15 upward gap, similar to what occurred last Friday. In the last conflict between Ukraine and Russia, the market initially experienced a drop of 30-40 points before upward rally. Market will stay volatile for few weeks. stick to fundamental analysis. I am taking advantage of opportunities to purchase Gold during price dips.
Looking ahead to Monday, we might witness a $10-15 upward gap, similar to what occurred last Friday. In the last conflict between Ukraine and Russia, the market initially experienced a drop of 30-40 points before upward rally. Market will stay volatile for few weeks. stick to fundamental analysis. I am taking advantage of opportunities to purchase Gold during price dips.
Trade active:
Gold at 1937, If you following me on discord so I hope you guys bought gold at 1912 and holding it tight. resistance is at 1980-85
Trade closed: target reached:
Gold reached 1880s zone all target hit.