TrategySherpa

XAU will recover then continue to increase

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
The Federal Reserve meeting caused the price of XAU to increase sharply and shows no signs of stopping
The FED is expected to cut interest rates next year, which is a good time for investors to speculate on XAU
2024 will still be a year for XAU
Comment:
SELL XAU 2035

TP1: 2020

TP2: 2000

SL: 2050
Comment:
The USD news data is good but gold is still affected by many other factors: funds, the war continued

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