NewUser_oPJWOU
2026.05.22 11:57

【Week 5 - Half long, half swing trade on Gold】

Gold prices decreased by 0.3% to due to a stronger U.S. dollar and rising oil prices, prompting expectations for interest rate hikes by the Federal Reserve. There are good signs in U.S.-Iran talks, although issues regarding Iran's uranium stockpile remain unresolved, contributing to higher oil prices and inflation risks. The percentage of rate hike in December has now risen to 60%, and this is not going well for precious metals like Gold. While I can't time the exact bottom, I have started a small position in Gold, adding on the dips and trimming when it hits my profit targets. Let's see how the macro situation pans out. @Bridge Buzz SG

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