NathanielRondon

XAUUSD bullish Technical. Still bearish on fundamental

Short
OANDA:XAUUSD   Or / Dollar Américain
Gold goes up by 170 pips last night because of Powell stated that they might cut rates this year. This statement slides USD down and the investors switch to Gold and Yen as a Safe Haven. However, the overall bias is still fundamental and it is still out of the trendline, plus Gold might fall so hard as well because of the win streak, and I expect some slippage this week or next week.

Gold is still a beast pair, please manage your risk very well.
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.