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Gold weekly update 29.08-02.09
Gold Spot / U.S. Dollar
Short
Gold weekly update 29.08-02.09
By SerpentForexClub
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Aug 29, 2022
5
Aug 29, 2022
I am expecting a pullback to fill the imbalance from last week and then continuation down to 1680.
The FEDs were very clear, that they will have very aggressive actions to reduce the inflation to 2%. Which means, that the downtrend will continue.
Expect very soon qualitative fundamental analysis on US Economy.
Chart Patterns
Trend Analysis
Wave Analysis
SerpentForexClub
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