$XAU Gold may have completed its final bull trap.
From 5400 to 4750 and then down to 4700—three consecutive levels.
The Fed may turn more hawkish, raising the risk of rate hikes, which would be unfavorable for gold.
If rates are raised twice, the target is 4000; three or more hikes could send gold down to 3500.
#黄金 #XAU
From 5400 to 4750 and then down to 4700—three consecutive levels.
The Fed may turn more hawkish, raising the risk of rate hikes, which would be unfavorable for gold.
If rates are raised twice, the target is 4000; three or more hikes could send gold down to 3500.
#黄金 #XAU
