With an update to a post i made a week ago, i believed that on the monthly gold(XAUUSD) would fall on that trendline and have another leg up.
This is especially playing out significantly well.
The fed will probably hint at a dovish USD meaning that gold would probably rise further.
Ill keep on holding to this trade.
Key notes: Banks are also long on gold
This is especially playing out significantly well.
The fed will probably hint at a dovish USD meaning that gold would probably rise further.
Ill keep on holding to this trade.
Key notes: Banks are also long on gold