Gold Forcast at 16th March

16 Mar 2023

As you can see, gold is at the high price level and I expect to has a correction to form wave 4

Let's wait for the correction wave completed, then catch wave 5.

Let's talks about FED not raising interest rates (or raising it lower than expected) due to the collapse of the banks recently.
This is why we're looking for the reversal during FED where we're expecting FED not to raise interest rates or if they raise it, to raise it lower than expected

Let's move to lower time frame to find a trade opportunity