As mentioned in chart Gold is in Long-term descending flag.
I think it will be increase in ascending channel to about 1890-1900 and then desend to 1700.
As FED insist in control inflation and increase funding rate, DXY is increases and Gold as a nonprofit asset will increase.
I think it will be increase in ascending channel to about 1890-1900 and then desend to 1700.
As FED insist in control inflation and increase funding rate, DXY is increases and Gold as a nonprofit asset will increase.
