$XAU/USD (XAUUSD.CFD)$ This week has been a wild rollercoast...
This week has been a wild rollercoaster for gold, and I have a feeling its all thanks to that PCE data ! Its like gold can't decide which way it wants to go .๐คฌ
Here's the thing : I see two potential paths for gold . If the bulls take control , it could climb all the way up to 2386-2394 .
But if the bears show up , it could tumble down to 2312-2303 . The problem is , with that PCE data hanging over our heads , its anyone's guess which way it'll go .
Honestly , even the best analysts can struggle to predict the market when theres a major data release like this . Its all about waiting and seeing how the market reacts .
![$XAU/USD (XAUUSD.CFD)$ This week has been a wild rollercoaster for gold, and I have a feeling its all thanks to that PCE data ! Its like gold can't decide which...](https://sgsnsimg.moomoo.com/sns_client_feed/104973485/20240531/2c1d554fd7302991e53fbabee1e55db4.jpg/big?area=104&is_public=true)
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ambitious Flamingo_1 : market went up I bought a 0.22 lot on gold up $145 so far , im planing to keep it open till Sydney session kicks in, let's see how it goes $XAU/USD (XAUUSD.CFD)$
King Crab OP ambitious Flamingo_1 : Goodluck![raised_hands ๐](https://static.moomoo.com/nnq/emoji/static/image/img-apple-64/1f64c-1f3fb.png)
ambitious Flamingo_1 : till Sunday it's! I totally forgot it was Friday.![astonished ๐ฒ](https://static.moomoo.com/nnq/emoji/static/image/img-apple-64/1f632.png)
103824105 : Whether I buy or sell, I got whipsaw and stops hit. Cannot beat the AI machines. Forget about prediction! Is all about how deep a pocket you have.![slightly_frowning_face ๐](https://static.moomoo.com/nnq/emoji/static/image/img-apple-64/1f641.png)
Space Dust : I have the gold dilemma.. want it to go up for what I hold, then want more, and when I go to buy, hope it's decreased in value, so either way. we can be happy..unless over leveraged on the " maybe"..
King Crab OP Space Dust : Haha