XAUUSD (Signal) for June 15, IST

FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
The Decreasing Momentum and Rising Inflation.

  • Gold is Expected to be Down Today. (June, 15, 2021)

  • The Rising Inflation is the killer for Gold Price Action Momentum.

  • This is the Reason of Depletion of Momentum.

  • Traders are in Extremely Fear Sentiment.

  • The Current Momentum is suitable for Scalp Traders.

  • Currently t the Time of Writing Price Action is lying in the pivot range.

  • Overall Strength Bearish.

  • Expected a 1.20 Dollars Up from the opening and 6.00 Dollars Down from the Opening or from the 1.20$ Up to Down 6.00$.

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