The start of the week, we forecast GOLD to fall a little to 1380-1390 level with positive US news and a little boost to USD, HOWEVER, a negative speach from Mr. Powell, and hint of cash rate cut >>> GOLD will rally to 1475-1500 FAST.
If Mr Powell, doesnt speak a rate cut, GOLD will fall but not sharp, but it could land at 1345. So be careful. BEST LUCK for ALL. After that if we rally to 1500, This is a sell for sure.
If Mr Powell, doesnt speak a rate cut, GOLD will fall but not sharp, but it could land at 1345. So be careful. BEST LUCK for ALL. After that if we rally to 1500, This is a sell for sure.
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