GOLD: In a Very Complex Scenario
Gold remains in a highly complex scenario, as price action appears disconnected from current news events.
The absence of bullish volume is concerning and suggests a lack of conviction in the market.
A significant move may unfold precisely when it's least anticipated.
You may watch the analysis for further details
Thank you and Good Luck!
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Gold remains in a highly complex scenario, as price action appears disconnected from current news events.
The absence of bullish volume is concerning and suggests a lack of conviction in the market.
A significant move may unfold precisely when it's least anticipated.
You may watch the analysis for further details
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Trade active
📣GOLD Bearish Outlook in Play
And here we are, as the pattern indicated. Despite the market being worried about the ARIN of World War III, it could not rise above 3393.40, thus raising suspicions of something very strange.
We are used to seeing gold rise even without news, but when everyone is discussing World War III and it does not move, something smells very bad.
After a fake attack, I would say, by Iran against American military bases, everyone is happy and proud of what they have done.
Iran and Israel reached a ceasefire and the price of gold is falling, as I explained in the chart the other day.
Why is gold falling?
That is the million dollar question :) There is always someone like Trump and his company of billionaire friends who know the news in advance. Cheers.
All details are on the chart
Note
📣GOLD Outlook Remains Bearish
A couple of hours ago, Israel accused Iran of violating the ceasefire and was ready to continue its attack.
From the news above the price of GOLD didn't rise at all. The maximum it reached was 3329 and moved back down.
Remains strange the fact that GOLD price is well controlled this time in order not to rise further despite this big conflict that is one of the biggest during the last year.
🚨Breaking: Trump criticized both Israel and Iran for violating the ceasefire and wrote to Israel "BRING YOUR PILOTS HOME, NOW!
After Trump commented on Truth Social GOLD started another bearish wave and looks like is about to test 3300 and probably 3285,
I can't believe this huge manipulation that is already happening.
Please be careful.
Note
GOLD reached 3304.50
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✅MY Free Signals
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
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.