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abuhusainow

Gold - The Hunt

Long
Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
abuhusainow Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Chart Patterns Trend Analysis Gold hunt LONG short liquidity liquiditypool accumulation distribution
3
0
chartpattern trendanalysis gold hunt long short liquidity liquiditypool accumulation distribution
I expect a sharp drop in the gold price to the liquidity that has been building up for some time now.
But before that happens, I'd like to see a rise to the 1730.00 area - hunt for the stops.
Comment:
FED just raised its interest rates by 75bps -> increased volatility

-> Question for readers: Do you know of any evidence for the negative effect of interest rate hikes on gold prices? Please Contact me.
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