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Gold Looks To Enter 'Golden Saucer'

Published 03/04/2020, 12:42 PM
Updated 07/09/2023, 06:31 AM

Federal Reserve’s emergency interest rate cut on Tuesday, looks like an acceptance as it was likely to reduce risks in the financial system and, as Fed Chair Jerome Powell claimed, provide a “meaningful boost” to the economy; but this looks evident enough to push gold in 'Golden Saucer' before weekly closing this time.

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Gold Futures Monthly Chart
Gold Futures Weekly Chart
Gold Futures Daily Chart

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Latest comments

haha.. golden saucer.. i hope your prediction in gold is better than natural gas.  Stop going around and jinx every commodity.  Your skill is no better than a cow poo scooper.
will the pattern be like a cup and handle?
Sir where is the video
gold is 800 $
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