GOLD ANALYSIS 1H TF expecting a bull run.
hello traders!
--------------gold buy opportunity--------------------
weekly closing is above 1954 indicates a minor bull run towards 1980.
previous weekly Tokyo open was 1954 and market closed at 1961 yesterday
we can expect a new monthly high on gold before the fomc meeting
DXY
mondays news will be bearish for dxy
and interest rates are more likely to increase on feds meeting where dollar index can recover and gold will be around 1940-45
sellers are waiting at 1997-2001 to sell.
currently you can enter in a trade with minimal risk
please like and share the idea if you agree, Enjoy!
--------------gold buy opportunity--------------------
weekly closing is above 1954 indicates a minor bull run towards 1980.
previous weekly Tokyo open was 1954 and market closed at 1961 yesterday
we can expect a new monthly high on gold before the fomc meeting
DXY
mondays news will be bearish for dxy
and interest rates are more likely to increase on feds meeting where dollar index can recover and gold will be around 1940-45
sellers are waiting at 1997-2001 to sell.
currently you can enter in a trade with minimal risk
please like and share the idea if you agree, Enjoy!