Buyers want to price in their control. Less hawkish fed means they want to boost their economy. Makes it appear sparkly (interesting).
As all low prices go into high pricing their inflation catching up. Price always has that tug of war effect.
So we know gold will buy as safe haven1870-1950-2000.
We saw bears try hard to sell a pullback. I'll HD for 3 months if nothing serious happens in hikes from fed n BOE.
Bullish candlestick keeps popping up after bear moves proving to fake out everytime due to lack of liquidity. Banks secretly buying since parity & CPI
Weekly mva50 to be touched 1.244
Rs MN dip buying moving to 50.0 level
W1 moving up above 50.0
Daily overbought but can stay there meaning long lasting trend. We'd wait for divergence to buy lows again.
1.213 will open move to 1.22/23/25
M30 buy as long as 2025/1.200 stays bullish above
Support 1.1765/1.185/1.18/1.114
Resistance 1.23/1.26.1.32/1.34/.1.36/1.38.1.40/1.428
1.50 will only happen with the break of 1.38/1.42
As all low prices go into high pricing their inflation catching up. Price always has that tug of war effect.
So we know gold will buy as safe haven1870-1950-2000.
We saw bears try hard to sell a pullback. I'll HD for 3 months if nothing serious happens in hikes from fed n BOE.
Bullish candlestick keeps popping up after bear moves proving to fake out everytime due to lack of liquidity. Banks secretly buying since parity & CPI
Weekly mva50 to be touched 1.244
Rs MN dip buying moving to 50.0 level
W1 moving up above 50.0
Daily overbought but can stay there meaning long lasting trend. We'd wait for divergence to buy lows again.
1.213 will open move to 1.22/23/25
M30 buy as long as 2025/1.200 stays bullish above
Support 1.1765/1.185/1.18/1.114
Resistance 1.23/1.26.1.32/1.34/.1.36/1.38.1.40/1.428
1.50 will only happen with the break of 1.38/1.42
