maraxrara

XAUUSD DAILY BIAS : M.I.X.E.D but tilted toward B.U.L.L.I.S.H 🐃

āđ€āļžāļīāđˆāļĄāļ‚āļķāđ‰āļ™
maraxrara āļ—āļĩāđˆāļ­āļąāļ›āđ€āļ”āļ•:   
OANDA:XAUUSD   āļ—āļ­āļ‡āļ„āļģ / āļ”āļ­āļĨāļĨāļēāļĢāđŒāļŠāļŦāļĢāļąāļ
ðŸ”ą GOLD TRADE IDEA ðŸ”ą

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 banks’ 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
āļ„āļ§āļēāļĄāļ„āļīāļ”āđ€āļŦāđ‡āļ™:
Yesterday i had plotted out my time I wanted to trade in my trading session which was the 07.00 (Spanish unemployment change) - anticipating volility to be honest, even though it probably has no relation with gold.

Never the less I plotted my analysis & price moved 100 pips from area of interest.

āļ„āļ§āļēāļĄāļ„āļīāļ”āđ€āļŦāđ‡āļ™:
With new intraday high created, daily bullish bias-

End of trading session good bye.
āļ„āļ§āļēāļĄāļ„āļīāļ”āđ€āļŦāđ‡āļ™:
Sticking to my own model of trading, thought process, will deliver where i want to be in analysis
āļ›āļīāļ”āļāļēāļĢāđ€āļ—āļĢāļ”: āļ–āļķāļ‡āđ€āļ›āđ‰āļēāļŦāļĄāļēāļĒāļāļēāļĢāļ—āļģāļāļģāđ„āļĢ
āļ„āļģāļˆāļģāļāļąāļ”āļŠāļīāļ—āļ˜āļīāđŒāļ„āļ§āļēāļĄāļĢāļąāļšāļœāļīāļ”āļŠāļ­āļš

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