GOLD: In-Depth Fundamental and Technical Analysis

GOLD: In-Depth Fundamental and Technical Analysis

🚨Please be careful
I don't know what else to add because you can see how the market is acting irrationally from Trump, China and maybe other hidden transactions that I discussed earlier. (Hedge funds, Central Banks etc)

This is not a normal volume driven by fear of recession. This is nonsense.

As long as none of the economies faced recession during Covid 19 and during the Ukraine - Russia war when Inflation reached 10% for almost all major economies, then recession is just a big speculation.

All the major economies are doing well, interest rates have been reduced a lot and also the inflation rate for many of them is close to or in the target zone for many Central Banks.

Recession is just the topic of the day. That's all in my opinion.

✅Protect your accounts and limit trading - This is my most sincere advice to all of you until we have a normal market❤️

You may find more details in the chart!
Thank you and Good Luck!

❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️