OPEC unexpectedly cut production and international oil prices rose sharply. The market is worried that global inflation will pick up again, and it has increased the possibility of the Federal Reserve raising interest rates at the May policy meeting, helping the dollar index rise to a near-one-week high, which has a significant impact on gold prices.
Judging from...
Gold is now creating an ascending triangle and as my opinion market will go down and then goes up. Traders can enter the market by placing a
buystop and see the results.
This is a new style of trading i am currently perfecting refer to it as CarsonsGannishPitchfork (Module)
Or "CGP" (Module) for short.
If you have any correlating thoughts to my current ideas "XRP having one the best use cases in these regards", feel free to contact me.
Ripple (XRP) chart in attached ideas below.
Thank you and good luck.
My chart may seem...
