InvestMate

🧈 Plans For Gold 🧈

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
🧈 Plans for gold.

🧈 Gold closed near $1919 in recent weeks after attempting to attack the resistance zone determined by two Fibo levels.

🧈 We again found ourselves at the 0.5 degression of the entire upward wave.

🧈 The long-term scenario of gold strengthening due to upcoming US interest rate cuts and rising inflation remains valid.

🧈 I expect the increases to continue in the coming week.

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