Gold has no clear trend. Globally, the price is in a sideways flat. It cannot be called an accumulation, but just a range. There is news ahead, which can generally set some tone for the market.
Recently, the price has been growing exclusively on geopolitical nuances: the Middle East, problems in Europe, China started buying metal again.
The negative background is created by Trump's policy towards the dollar and inflation.
Scenario: This resistance was last tested in the middle of last month and there is no potential for a breakout. Unless the CPI comes out very positive for gold.
Idea: False break of resistance and fall to 2666
Recently, the price has been growing exclusively on geopolitical nuances: the Middle East, problems in Europe, China started buying metal again.
The negative background is created by Trump's policy towards the dollar and inflation.
Scenario: This resistance was last tested in the middle of last month and there is no potential for a breakout. Unless the CPI comes out very positive for gold.
Idea: False break of resistance and fall to 2666
Trade attivo
Gold is reaching the key mark. The confirmation of readiness to go down will be a false breakout and holding the market below the key zone
❤️ Telegram channel: t.me/AndeWave
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Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
❤️ Telegram channel: t.me/AndeWave
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.