XAUUSD (Signal) for June 15, IST

The Decreasing Momentum and Rising Inflation.

• Gold is Expected to be Down Today. (June, 15, 2021)
  
  
• The Rising Inflation is the killer for Gold Price Action Momentum.
  
  
• This is the Reason of Depletion of Momentum.
  
  
• Traders are in Extremely Fear Sentiment.
  
  
• The Current Momentum is suitable for Scalp Traders.
  
  
• Currently t the Time of Writing Price Action is lying in the pivot range.
  
  
• Overall Strength Bearish.
  
  
• Expected a 1.20 Dollars Up from the opening and 6.00 Dollars Down from the Opening or from the 1.20$ Up to Down 6.00$.
  

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