2018 could be an interesting year for gold, especially if the Fed continues its monetary policy, and in this case, the correlation between interest rate hike and uptrend, triggered by December 2015, seems to be interesting. If we look at EW chart on daily time frame, the movement after every rate hike, has always triggered a major rally, and this correlation could continue in 2018.
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Thank you for support and trade with care!
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Have a nice weekend!Not
still in bullish trend...Not
Gold is in a strong bullish trend! Tomorrow will be a key session!Not
The rising dollar index is continuing to push liquidation in gold. Gold is not always the safe-haven asset, especially when interest rates are rising quickly..Not
![[GOLD] POTENTIAL PULLBACK IN SHORT TERM](https://s3.tradingview.com/x/xKcoBZZf_mid.png)
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Tomorrow will be released FOMC announcement....
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.