Sive Morten
Special Consultant to the FPA
- Messages
- 18,648
Good morning,
Gold stands "on spot" and keeps chance for upward reaction, but anticipation of 0.5% rate change from the Fed keeps it under pressure and doesn't let it to form bullish reversal pattern by far. This makes us to wait with long entry until the pattern will be formed:
Gold stands "on spot" and keeps chance for upward reaction, but anticipation of 0.5% rate change from the Fed keeps it under pressure and doesn't let it to form bullish reversal pattern by far. This makes us to wait with long entry until the pattern will be formed: