Gold

We notice a clear impulsive pattern and we may extend to new highs today with some hints from the US Federal Reserve to cut interest rates by 25 basis points. He will also confirm that he will take economic data into consideration when cutting interest rates. In general, the markets will not be affected much by this speech and may be negatively affected if there are hints that the Federal Reserve may hesitate to cut interest rates.
Elliott WaveTrend AnalysisWave Analysis

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