Hey fellas,
Long time no see...
Technical side stays bullish.
Price has failed to break 2960 zone aimed Tariffs.
It has pushed more than 500 pips during Asian session
and clearly broke above 2920 zone.
As soon as price stays under 2920 till NY session, we
might see another push back.
However, if prices continues to breakup and hold 2920 as
support then we'll surely have new ATH soon enough.
DON'T FORGET UPCOMING'S CPI TOO.
Gold started current week within a range of 2965 to 3020. However,
geopolitical tension between US-CHINA trade war and TARIFFS ofcourse
caused huge uncertainty in the market.
GOLD has always been in favour of geopolitical situations.
Market is clearly reacting based on fundamental.
Long time no see...
Technical side stays bullish.
Price has failed to break 2960 zone aimed Tariffs.
It has pushed more than 500 pips during Asian session
and clearly broke above 2920 zone.
As soon as price stays under 2920 till NY session, we
might see another push back.
However, if prices continues to breakup and hold 2920 as
support then we'll surely have new ATH soon enough.
DON'T FORGET UPCOMING'S CPI TOO.
Gold started current week within a range of 2965 to 3020. However,
geopolitical tension between US-CHINA trade war and TARIFFS ofcourse
caused huge uncertainty in the market.
GOLD has always been in favour of geopolitical situations.
Market is clearly reacting based on fundamental.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.