🎗 GOLD Setup
🗨Time Frame : 4hrs Chart
(🖇️Direction : Long )
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🗒 Going over my work means something to me We are all here to learn
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🧾 : WHY IS GOLD GOING UP?
Gold often increases in value during periods of economic uncertainty, financial crises or political unrest. Investors often turn to gold as a safe haven when they lose confidence in other assets such as stocks and bonds. Gold can act as a hedge against inflation. When the prices of goods and services rise, the purchasing power of the currency falls, which can increase the demand for gold as a form of store of value.
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➕Bullish Break
2015 Area
Reasons
Visible Range Lvn Area
Major Turn level
fib 0.5 Area
PMH Break Out
Choch / Area 2D
➖Bearish Reversal
2081 - 2060 Area
Reasons
Major Turn level / M
Major Resistance
Visible Range Hvn
Year High Area
MG
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🗨Time Frame : 4hrs Chart
(🖇️Direction : Long )
------
🗒 Going over my work means something to me We are all here to learn
------
🧾 : WHY IS GOLD GOING UP?
Gold often increases in value during periods of economic uncertainty, financial crises or political unrest. Investors often turn to gold as a safe haven when they lose confidence in other assets such as stocks and bonds. Gold can act as a hedge against inflation. When the prices of goods and services rise, the purchasing power of the currency falls, which can increase the demand for gold as a form of store of value.
——————————
➕Bullish Break
2015 Area
Reasons
Visible Range Lvn Area
Major Turn level
fib 0.5 Area
PMH Break Out
Choch / Area 2D
➖Bearish Reversal
2081 - 2060 Area
Reasons
Major Turn level / M
Major Resistance
Visible Range Hvn
Year High Area
MG
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