XAUUSD ASSET PAIR 89M TIME FRAME DATE 7/22/2024
I foresee an imminent correction to the upside in the gold market.
prompting my interest in initiating a short-term position.
The prevailing bias has decisively turned bearish,
influenced by anticipated shifts in key economic indicators.
It appears that the pivot point signaling a downtrend has already materialized. I propose monitoring market dynamics closely to assess its unfolding trajectory.
Let us remain vigilant and poised to capitalize on emerging opportunities. Kind regards.
prompting my interest in initiating a short-term position.
The prevailing bias has decisively turned bearish,
influenced by anticipated shifts in key economic indicators.
It appears that the pivot point signaling a downtrend has already materialized. I propose monitoring market dynamics closely to assess its unfolding trajectory.
Let us remain vigilant and poised to capitalize on emerging opportunities. Kind regards.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.