Emas Semerta / Dolar A.S.Singkat
Gold Trend Analysis over H1 Chart
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Overall Gold is in Uptrend,
THREE FACTORS DRIVING GOLD
1) Increasing COVID cases in EUROPE and fresh locksdowns.
EFFECT : POSITIVE FOR GOLD
2) FED CHAIRMAN selection ( set for Tuesday)
EFFECT : POWELL - HAWKISH (GOLD DOWN)
BRAINARD - DOVISH ( GOLD UP)
3) Growing speculation on FED intervention due to increasing Inflation.
Looking for short term selling opportunities.
THREE FACTORS DRIVING GOLD
1) Increasing COVID cases in EUROPE and fresh locksdowns.
EFFECT : POSITIVE FOR GOLD
2) FED CHAIRMAN selection ( set for Tuesday)
EFFECT : POWELL - HAWKISH (GOLD DOWN)
BRAINARD - DOVISH ( GOLD UP)
3) Growing speculation on FED intervention due to increasing Inflation.
Looking for short term selling opportunities.
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