After the Fed Interest Rate Decision yesterday, Gold prices has fallen to break the ascending channel and go back to the descending channel it started forming back in Aug 2020. The Gold price is trading at a support line, and it seems that the chart will start forming a triangle inside the descending channel before breaking it upward or downward. I think that will we see the Gold price go below 1700 by end of July 2021.
Please let me know what do you think.
Please let me know what do you think.