Higher speculations this week ahead on FOMC/FED rate, Im expecting price could go higher again atleast 2500 level befor it rips below 2000 level.
This idea base on MOnthly opening on MAY and this June month. Im expecting price to go lower after the New high.
Im not saying this trade a buy this time. Im buying 2000 level again for longterm hold. If youre on
scalping this is not for you. THis idea are for longterm trades or monthly or Quarterly .
Im expecting the dollar might go back again. imagine those level 104$ not so much changing.
Now I will be updating this idea once the price goes above and Goes lower or 2000 level again..
This might be the boring trades you got.
This is not a financial advice.
Follow for more MOnthly trades on GOLD.
ciao.
Im here to give you context on higher view.