From TradingView · · 40s
Gold Price Path for OANDA XAUUSD
Gold price path shows continued downward trend ahead of Fed meeting.
In brief
Gold price path shows continued downward trend ahead of Fed meeting. RezaBorzooei predicts gold will keep falling due to Fed rate hike concerns. Originally reported by TradingView.
Gold Price Path
RezaBorzooei shows XAUUSD trading path on TradingView.
Upcoming Fed Meeting
RezaBorzooei believes gold's downward trend may continue after Fed rate hike meeting.
Trading Strategy
RezaBorzooei opened a short trade on XAUUSD based on supply and demand structures.
Target Price
Final target for one-hour timeframe is set at 246.
Disclaimer
TradingView states information does not constitute financial advice or recommendations.
The big picture
RezaBorzooei predicts gold will keep falling due to Fed rate hike concerns.
