GOLD: The gold price I expect today, December 21

This is what we said before, once a trend has formed it cannot end anytime soon. The market no longer believes in the Fed's management of expectations anymore. Next year, the Federal Open Market Committee will have new members and then moderate officials will prevail. More data and time are needed to verify the resilience of inflation and the economy before changing policy. This Friday's core PEC and Q3 GDP data are crucial. The volatility pattern of gold prices will not change before.
Regarding trading, gold price yesterday fell to a low of 2021 USD, followed by upward fluctuations. The US market reached a recent high of $2047, surpassing the top of our range. Our short selling strategy failed, causing a small loss before we exited the market. Gold trading was very strong yesterday and the short-term market was completely dominated by sentiment. Don't be too stubborn and have a clear mind.

Commentaire:

SELL XAUUSD 2038 - 2040

TP1: 2030
TP2: 2028

SL: 2047

Commentaire:

SELL XAUUSD 2038 - 2040

TP1: 2030
TP2: 2028

SL: 2047

Runing + 30pips

Commentaire:

SELL XAUUSD 2038 - 2040

TP1: 2030
TP2: 2028

SL: 2047

Runing + 40pips