For the past 3 days, XAUUSD has been moving in a tight volatility . Not much momentum, lots of fake outs here and there.
HappyTrading
DislikedBe careful folks of market manipulation due to Russia-Ukraine deal... Still keeping the selling of GU/EU but at higher levels, same as said last week, possible of some highs, still bearish on medium and long term as such deals..are short living...while the trend prevails..Ignored
DislikedGold is targeting 4160s, above there is toward ~4250 while trying to form a strong support on daily and weekly above 4075-4105 range Bears will have to pull a daily candle then weekly below there, especially before month end.Ignored
Disliked{quote} DXY still very strongly holding above 99.90, if price breaks and bases below we'll mostly target 99.60s that's a good buy on weekly at least for a bounce later..Ignored
DislikedGU and EU are trying to base above 1.3200-05 and 1.1570-80 to target higher levels while bulls holding on with DXY hovering around 99.50 A big fight in the coming days as it'll witness weekly/monthly candle close and new candles next week. Though the bullish momentum is obvious but I can't really see two more bullish daily candles for both pairs, "maybe" one more high, then a good retracement is coming...that'll also give the weekly candle a more reasonable price close. Both pairs are fighting for a less bearish monthly close. Russia-Ukraine deal...Ignored