XAU/USD has a sentiment bullish about the cold warHello guys, especially in Gold. So, Gold has a sentiment bullish abut the cold war about the tension in US-China, and also some protest in USA, and that may that gold up the price.
So, in H4 timeframe we see a shoulder head shoulder and that show whay Gold has force to continue has $1,777 USD the oz. and it's cam make a awesome earns in Gold if you put in longer.
In daily timeframe, we see a possible continue to up, because Gold has make a pull back in the and RSI and MACD Show us that Gold has a force to continue up the price.
And also, Im going to make my technical analysis below of H4, to see what movement of gold make to catch the short position, but in theory, Gold is bullish.
Coldwar
#miniSP500 Resistances levels to watch in a cold war risk?ALL TALK? NO ACTION? SPX SP:SPX
1) American indices SP:SPX YM NQ broke out thru the falling triangle today but still waiting to see the close.
2) Volatility is low now but you know what happenned with bad news #Trump #Tariffs #TradeWar #ColdWar
3) Above the downtrend line (yellow), still remains 3 interesting resistances: 50 EMA , 100 EMA & 38.2% fibonacci (2663), this next sessions will not be easy
Careful to be too optimistic there are strong resistance levels, sentiment is not total consolidated and many doubts about NEW issues: Trump, geopolitical risk, Syria, Russia, Cold War.
Big picture: