Potential Gold recovery to 2027 after falling on Fed comments

15 Ara 2023

Today Gold fell on fed comments made to ease the market reaction to J Pow dovish stance. Here we see some disconnect in Fed market view.

I see this as an overreaction fueled by fears of more statements regarding pushing back rate decreases.

I see gold steadily making its way back to 2027 soon, and possibly 2040 next week, from where it may make a decision.

18 Ara 2023

Not

So far, price action is doing nearly exactly what i had expected. DXY also appears to be making a triple top on the 15m. First target 2027 but i will continue to hold some positions past that.

18 Ara 2023

Not

Killed it.