neo-wave analysis on #Gold - #XauUsd
this is how and count on this chart, on a long-term trade, I think gold will drop good enough
this may signal as if this will rise for more maybe $ 2400 or so but this was just a correction for the longer term, short sellers will gain huge.
although there's nothing fundamental for gold to climb more, the Israel war is almost priced in, and the FED rate cuts also, what's the driver of this market? almost everything and nothing.
Be still and watch the smooth and deep drop in 1-2 years.
this is how and count on this chart, on a long-term trade, I think gold will drop good enough
this may signal as if this will rise for more maybe $ 2400 or so but this was just a correction for the longer term, short sellers will gain huge.
although there's nothing fundamental for gold to climb more, the Israel war is almost priced in, and the FED rate cuts also, what's the driver of this market? almost everything and nothing.
Be still and watch the smooth and deep drop in 1-2 years.