fxtriangle

XAU/USD is clearly bearing after fed affirmation of possible cut

Short
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
Today we can look for sell opportunities around 2031 , For a target of 2009- 2002 , Market has turned bearish yesterday after announcement of the following.
Fed's Waller: Data in the last few months allowing Fed to consider cutting rates this year
Waller Q&A: It will be up to committee on timing of when to start cuts
Also the technical indicators, H4 & D1 charts suggesting further bearish momentum throughout the day. Stops should be above 2042.00

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