salvanost

long term safe haven, but this year just MM toy

salvanost Aktualisiert   
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
remember my old chart from May? which target 1970 after 1785 drop but later it will drop to 1750 area?
that just daily TF analysis

this is a combination of weekly and monthly analysis

weekly need to drop to 1750$ area
while monthly need to drop to as near as 1350$ area which I think 1550$ area

you might disagree with me, but the only way to invalid this bearish idea is with a bullish trend above 2070$

I don't fight MM, MM PA movement beyond normal analysis
Kommentar:
Kommentar:
remember FED will rise the rate by 2% this year from 1.75% to 3.75% to fight inflation
if not enough it will raise the rate by another 1% next year to above 4% rate

everytime FED rate issue come out gold always drop
Kommentar:
14 MAR 2022 FED raise rate gold drop
4 MAY 2022 FED raise rate gold drop
15 JUNE FED raise rate gold drop
27 JULY FED raise rate gold?
21 SEPT FED raise rate gold?
2 NOV FED raise rate gold?
14 DEC FED raise rate gold?
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