TVC:GOLD I expect a bounce and it will return to the zone between 1940$ and 1930$
Gold price (XAU/USD) failed to defend the immediate support at 1975$ during the Asian session. The precious metal fell sharply as Federal Reserve (Fed) policymakers were confident the central bank would raise interest rates more in its fight against persistent US inflation.
Gold...
Posted this one along with USOIl few weeks ago that i was anitcipating a selloff which for this pair it is in line with the overall downward trend on the bigger timeframes.
Target just reached now securing in over 300 pips
Attached in the related ideas is the original post
