my thoughts going into this trade
gold is currently too high and we should be expecting for it to fall. I personally believe there will be more continuing cuts to proceed following yesterdays(18/09/2019) FOMC speech. I expect more cuts to be made, further weakening gold. Over the next couple weeks i expect gold to be correcting itself.
potential breakout for a sell at the crossover.
gold is currently too high and we should be expecting for it to fall. I personally believe there will be more continuing cuts to proceed following yesterdays(18/09/2019) FOMC speech. I expect more cuts to be made, further weakening gold. Over the next couple weeks i expect gold to be correcting itself.
potential breakout for a sell at the crossover.