XAUUSD (GOLD) 4H TA : Bull or Bear ?
Examining the GOLD price actions in 4H TF , we see that the price pumped after the announcement of possibility of war between Russia and Ukraine and with the increase of geopolitical risks and broke the resistance level of $ 1850, which was the highest price recorded last month (PMH) and was able to grow to $ 1865, which was more than $ 38 changes in less than 8 hours! Now we have to see with the start of the new trading week whether the price can consolidate above $ 1855 or not! We have to consider that in the event of escalating tensions between Russia and Ukraine, the price of gold as a safe-haven asset could reach higher levels.
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : ArmanShabanTrading
📅 14.Feb.22
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : ArmanShabanTrading
📅 14.Feb.22
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
📣 Join My FREE Channel on TG for more TA 👉🏼 t.me/PriceAction_ICT
📈 The Best Crypto Exchange : promote.ourbit.com/a/ArmanShaban
⚜️ My Contact : t.me/ArmanShabanTrading
📈 The Best Crypto Exchange : promote.ourbit.com/a/ArmanShaban
⚜️ My Contact : t.me/ArmanShabanTrading
Related publications
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.