SteveTan

Gold possible won't reach 2400. 16/May/24

Short
FX:XAUUSD   Gold Spot / U.S. Dollar
XAUUSD possible forming a tripe zig zag (W)(X)(Y)(X)(Z)( Green ) in wave B ( Yellow circled ) instead of expanding diagonal from previous ideas. The latest CPI data probably "price in" for Just 1 rate cut by Sept 2024 from FED.
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