Grace: Plunge Creates Key Support, Gold Strategy Thoughts
The original plan was for range consolidation before the Fed decision, waiting for Powell's speech guidance, but the European session showed a sharp plunge, indicating policy news leaked early and the market already priced in hawkish expectations. After the evening speech, it's likely the negative catalysts are exhausted and selling the fact will explore a bottom for a rebound; if dovish, a quick rally would occur.
Below, watch the 618 Fibonacci level at 4791, prepare for a 4800 break. The overall bullish trend remains unchanged, curren
原文表示