The precious metal has gained more than 8% since Hamas attacked Israel. While the war will continue to drive haven flows toward Gold, further price gains also hinge on the Fed’s rate cycle nearing an end. This will result in retreating US yields, reducing the opportunity cost of Gold.(Source: FX Street)
From Technical Aspect, XAUUSD is forming Wave C of (2), expect the price break 1986.85 as Bullish Confirmation.
Kindly remember, Elliott Wave is highly subjective, i will post if there's a new update on my perspective.
Trade safe, Everyone!
Cheers.
From Technical Aspect, XAUUSD is forming Wave C of (2), expect the price break 1986.85 as Bullish Confirmation.
Kindly remember, Elliott Wave is highly subjective, i will post if there's a new update on my perspective.
Trade safe, Everyone!
Cheers.
交易進行
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交易進行
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ENJOY THE SOURCE AIRLINES :)
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交易結束：目標達成
