ðą GOLD TRADE IDEA ðą
BIAS: Mixed Bullish
FUNDAMENTAL BIAS: Mixed Bullish
The fate of the precious metal is still expected to be largely influenced by the fluid developments of the prolonged war in eastern Europe, which affects its safe-haven appeal, and global central banksâ path towards policy normalisation, which weighs on the non-interest-bearing asset.
I believe the 50 bps has been priced in, thus less impactful.
TECHNICAL BIAS: Mixed, but tilted toward bullish
BIAS: Mixed Bullish
FUNDAMENTAL BIAS: Mixed Bullish
The fate of the precious metal is still expected to be largely influenced by the fluid developments of the prolonged war in eastern Europe, which affects its safe-haven appeal, and global central banksâ path towards policy normalisation, which weighs on the non-interest-bearing asset.
I believe the 50 bps has been priced in, thus less impactful.
TECHNICAL BIAS: Mixed, but tilted toward bullish
āļāļ§āļēāļĄāļāļīāļāđāļŦāđāļ:
With new intraday high created, daily bullish bias-
End of trading session good bye.
End of trading session good bye.
āļāļ§āļēāļĄāļāļīāļāđāļŦāđāļ:
Sticking to my own model of trading, thought process, will deliver where i want to be in analysis
āļāļīāļāļāļēāļĢāđāļāļĢāļ: āļāļķāļāđāļāđāļēāļŦāļĄāļēāļĒāļāļēāļĢāļāļģāļāļģāđāļĢ
Never the less I plotted my analysis & price moved 100 pips from area of interest.