{quote} What if not what? The ceasefire is currently taking place and hostages have been exchanged - gold will fall because conflict is over for now at least! Which means less demand for a safe haven asset FED will not be cutting rates this week, the probability of them cutting is so low that it's not being priced in at all. No cut = strong USD = weak gold Gold is going to tumble, 2760 will be hit on Asia open 100%, like I said this is the easiest short
Ignored
War has been over since last sunday still gold managed good upside for the week.
Trust your set up brother.I have zones i need price to retrace back to on the 5min TF before price can drop heavily to the downside on my 4HR TF too so just give it time
A beautiful start to the week. While I still think price is still bullish. I am waiting for end of day to confirm if the bearish move has begun. In the mean time, I would be following up on this trade taken last week.
