Forecasts are reinforcing the view that the Fed is about to cut
Despite short-term volatility, the precious metal remains an attractive investment in the long term as global government debt rises and interest rates fall. The direction of gold in the coming period will largely depend on the Fed's interest rate policy. If the next US economic data remains gloomy, the Fed will cut more. This will help gold prices conquer new highs.
Note
BUy gold 2514
TP1: 2521
Tp2: 2529
SL: 2507
Note
running + 60 pips Note
Hit TP1 + 70 pipsNote
hit Full TP
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