#gold (Asian session update)
Everything is moving ironically as I feared!
Currently, I think long USD strategies (buying G7) should be approached cautiously because it seems everything is moving in line with the FED's recent news.
Regarding Gold,
The price dropped from 4243, then pretended to rise above this level, and Asian sentiment fell again. Therefore, the short-term strategy for the day will prioritize shorting at 4238.5 (yesterday's high price according to the false-break). Stop loss at 11.
Target to 4217 and further to 4205, then we'll see.
If the price drops to 4205, a short-term technical rebound might occur, but I can't predict how far the price will recover.
BTC is officially in trouble; the price could fall even further!
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