XAUUSD (Signal) for June 15, ISTThe 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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