#GoldFalls3.24%ThisWeek $GOLD.US
๐Ÿฅ‡ #GoldFalls3.24%ThisWeek | News + Prediction
Gold suffered a sharp sell-off after Fed Chair Kevin Warsh's hawkish comments increased expectations of higher U.S. rates. December gold futures fell 3.24% to $4,504.10, while a stronger dollar and rising yields added pressure. ๏ฟฝ
Kitco +1
๐Ÿ“‰ My next-move view:
If gold stays below the recent $4,500 area, further correction is possible.
๐Ÿ“ˆ But if buyers defend $4,500 and the Fed outlook softens, a rebound could develop.
Prediction:
๐Ÿ”ด Short-term bearish
๐ŸŸก Medium-term watch for reversal
#Gold #XAUUSDโค๏ธ #MarketNews
Bullish
100%
Bearish
0%
4 เบ„เบฐเปเบ™เบ™เบชเบฝเบ‡ โ€ข เบ›เบดเบ”เบฅเบปเบ‡เบ„เบฐเปเบ™เบ™เบชเบฝเบ‡