gold price are coming down from high 2009
price made new low 1931 after fed said we will not hesitate’ to tighten again if needed
hawkish fed almost killed gold last week
this week cpi will decide major change in gold price
falling wedge chart pattern is completed
lower trend line tested
break above 1971 will confirm trend reversal
price made new low 1931 after fed said we will not hesitate’ to tighten again if needed
hawkish fed almost killed gold last week
this week cpi will decide major change in gold price
falling wedge chart pattern is completed
lower trend line tested
break above 1971 will confirm trend reversal
Note
Breakout before CPI then more upside after CPI by crowds after reading news
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.