Gold 03/08 Triple bottom pattern
Telah dikemas kini
The dollar rose past the Fitch cut, taking support from much stronger-than-expected payrolls data released by ADP. The reading followed data earlier this week that showed some signs of a U.S. manufacturing and construction recovery.
The data spurred bets that the Federal Reserve will have enough economic headroom to hike rates further and keep them there - a scenario that bodes poorly for gold and metal markets.
At the 45m frame, we can see a triple bottom formation. we can hit short, I will place a buy order at the 1931-1934 support zone.
What is your idea? You can comment below. Thanks a lot
The data spurred bets that the Federal Reserve will have enough economic headroom to hike rates further and keep them there - a scenario that bodes poorly for gold and metal markets.
At the 45m frame, we can see a triple bottom formation. we can hit short, I will place a buy order at the 1931-1934 support zone.
What is your idea? You can comment below. Thanks a lot
Dagangan aktif
+ 50pipDagangan aktif
+ 60 pip
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.