Gold Nears Key Fibonacci as Fed Rate Cut Odds Dip
Gold is about to test the 38.2% Fibonacci retracement level while Stochastic Signals overbought, as chanced of a 0.25% rate cut at Fed fallen below 59%.
The gold's downtrend is valid as long as the prices are below the %50. Fibonacci.
Article: fxnews.me/gold-hits-2620-as-investors-eye-fed-moves/
The gold's downtrend is valid as long as the prices are below the %50. Fibonacci.
Article: fxnews.me/gold-hits-2620-as-investors-eye-fed-moves/
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.