SPCFX

Short Term Bearish. Long Term BULLISH

Long
FX:XAUUSD   Or / Dollar Américain
2
2nd of December, anticipating a FED hike rate to come in play this month, price is being drove lower as you can see since Trump has been elected the New president of USA. The yields were flat and as of late we have seen a curve forming on the yields to imply a boost in economy. Looking for Gold to be bearish short term down to the 1125-1107 range i have marked out on the chart. Once price reaches that level we should see a reversal to indicate a long term BULLISH movement higher.
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.