Gold continues within tight range triangle pattern.
After powell insignificant talk of rate cuts(in a mid n yes/no talk) gold following same pattern n might wait for a breakthrough by any big shock.
Chart showing wait n watch conditions.
So let's see which side it go.
Overall if rate cut not possible in near term than that's a bearish for market but nowadays it's all about data. So not sure but I'm very bullish during rate cuts.
After powell insignificant talk of rate cuts(in a mid n yes/no talk) gold following same pattern n might wait for a breakthrough by any big shock.
Chart showing wait n watch conditions.
So let's see which side it go.
Overall if rate cut not possible in near term than that's a bearish for market but nowadays it's all about data. So not sure but I'm very bullish during rate cuts.
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。