GOLD: Wait for the Rate Cuts

XAUUSD Gold Traders
09-16

Hello everyone! Today i want to share some macro analysis with you!

1.

The pace of rate cuts is getting closer as we approach the Fed's interest rate resolution! US Dollar and US Bonds both weakened to the downside! Expected to continue to break out to new highs today!

The trend breaks through 3700 dollars! Therefore, the transaction to maintain the main buying!

Asia-Europe market: Buy: 3677-3680 TP:3695-3698

2.

The rise was inevitable, with gold hitting a high of 3694! Maximum profit exceeded 160 points! Congratulations to those who entered the buy position—you may consider reducing your positions!

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