XAU|USD Fall Coming At Local Highs?

15 ก.ค. 2024

Harsh upside momentum has been fed by the FED.

Traditionally, gold has been a safe haven asset, but now, it seems it is de-pegged from this sentiment driver and rising on continued soft landing hopes.

As we rise again to highs and previous short zones, we can discuss ATH's.

16 ก.ค. 2024

บันทึก

More momentum at highs, would not be surprised if break occurs. Short tentatively.

16 ก.ค. 2024

บันทึก

Rise above highs as expected. Strong sentiment influx driving price higher. I would wait for a clear change before entry.

17 ก.ค. 2024

บันทึก

Price rebounding to previous highs (now support, rather than resistance). Not time to buy massively, price still too high.

19 ก.ค. 2024

บันทึก

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