XAU|USD Fall Coming At Local Highs?

2024年7月15日

Harsh upside momentum has been fed by the FED.

Traditionally, gold has been a safe haven asset, but now, it seems it is de-pegged from this sentiment driver and rising on continued soft landing hopes.

As we rise again to highs and previous short zones, we can discuss ATH's.

2024年7月16日

註釋

More momentum at highs, would not be surprised if break occurs. Short tentatively.

2024年7月16日

註釋

Rise above highs as expected. Strong sentiment influx driving price higher. I would wait for a clear change before entry.

2024年7月17日

註釋

Price rebounding to previous highs (now support, rather than resistance). Not time to buy massively, price still too high.

2024年7月19日

註釋

Important: