ghreyoverlord

ghreyoverlord

Overall, has been bullish, given the sentiments on Trump's tariffs on countries like China. Gold will be a safe haven for most investors. Until a major break of structure to the downside, Gold is still bullish.

ghreyoverlord

Gold has been for the bull run, from the last weeks. Price may bounce from the support zone to the supply zone above.

ghreyoverlord

..On the USOIL chart this week, market has been bearish, on the 15min time frame market turned bullish for a short while. Given the supply zone above serving as a resistance, market will once again react to send price to the downside.

ghreyoverlord

..in the 1hr time-frame usoil was berish but late in the day there was a swift CHOCH to the upside in the 1hr time-frame. Expert a temporary bullish move. The move is temporary given that daily supply zone lies above the price.

ghreyoverlord

In the 4h TF, Gold is between a demand and supply zone. Gold is currently in the supply zone, so we can look for sells. One factor that could drive the sell is today's CPI news. Look before you leap

ghreyoverlord

In the 4H TF Gold is bullish, from retracement tool, price is expected to drop to the 4H retracement zone. Gold will continue its bullish trend the daily supply zone. If Gold moves long without the retracement, there is possible price reversal in the daily swing high.