🔔🦉 GOLD PUMP? (Or Powell makes us Goldfish 🎣🐠 )

22 במרץ 2023

With USD losing it's Key Support before the rate decision one could think this is all a game to trap buyers.... i think this is less than 15% likely today

My Gold chart has worked out well before and the support i see at 1937 and 1915 are support levels that can become nice trades.. Have already been long since last idea:

Unless Powell comes up with a huge 0,50% hike or/and a very aggressive, scary hawkish statement then Gold should PUMP while dollar takes a dip... that scenario i price in over 85% possible...

It looks too good to be true and too simple to be so easy, but that's what I see in the charts and that's what i will trade.

Unless Powell wants to bring chaos...


One Love,

The FXPROFESSOR