Gold is likely to continue increasing in value due to the weakened state of the dollar and the US financial market facing back-to-back crises. The US is experiencing a risk of an economic recession with four banks failing since March.
Tonight's CPI outcome could lead to an increase in rate hike bets, but weaker data could result in a decline in commodity markets. As of now, Gold is in a bullish trend with higher tops and bottoms, indicating a priority for buying with the trend.
BUY GOLD 2024 - 2026
Stoploss : 2021
Take Profit : 2035
Take Profit : 2045
Take Profit : 2055
Note : TP, SL full to be safe and win the market !
What do you think ?
Tonight's CPI outcome could lead to an increase in rate hike bets, but weaker data could result in a decline in commodity markets. As of now, Gold is in a bullish trend with higher tops and bottoms, indicating a priority for buying with the trend.
BUY GOLD 2024 - 2026
Stoploss : 2021
Take Profit : 2035
Take Profit : 2045
Take Profit : 2055
Note : TP, SL full to be safe and win the market !
What do you think ?
Comment:
TP2 +200PIPs GOLD
