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Gold reverses sharply after Trump's tax announcementThe world gold price has reversed sharply because the global market has just received information last night (Hanoi time) that US President Donald Trump has just signed an executive order to impose taxes on all goods imported into the US, many countries will have to pay high taxes of up to tens of percent. Specifically, the UK, Brazil, Singapore will be subject to a 10% tax. The European Union, Malaysia, Japan, South Korea, and India will be subject to 20-26%. China, Thailand, and Vietnam are among the countries subject to the highest tax rates, at 34%, 36%, and 46%, respectively. The highest is Cambodia, which will be subject to a tax rate of up to 49%. This tax rate will be applied from April 9. In addition, Mr. Trump said that a 10% import tax will be applied to all goods imported into the US from April 5. Mr. Trump said that every year the US loses 1,200 billion USD due to the trade deficit due to 3,000 billion USD of imported goods. After this information, the global financial market was shaken, in which the US stock market had a strong decline, losing from more than 1% to more than 2%. On the contrary, gold - an asset that ensures capital safety in case of risk - has benefited from a strong increase in price. Many experts commented that the Trump government's tariff policy has increased global trade tensions. Previously, the US imposed tariffs on some goods from Canada, Europe and China, aluminum and steel. These countries have responded to the tariffs on the US.
OANDA:XAUUSDShort
by FalCol_TradingMaster
1
Daily Analysis- XAUUSD (Thursday, 3rd April 2024)Bias: Bullish USD News(Red Folder): -Unemployment Claims -ISM Services PMI Analysis: -Strong bullish momentum after US tariffs being announced -Looking for retest of the bullish structure -Potential BUY if there's confirmation on lower timeframe -Pivot point: 3100 Disclaimer: This analysis is from a personal point of view, always conduct on your own research before making any trading decisions as the analysis do not guarantee complete accuracy.
PEPPERSTONE:XAUUSDLong
by HM_fxtrading
Huge Buy for Gold XAUUSD (Trump announces tariffs of up to 25%)How Trump’s 25% Auto Tariffs Could Be a Huge Buy Signal for Gold The proposed 25% tariffs on automobile imports to the U.S. by former President Donald Trump could have significant economic consequences, many of which could drive gold prices higher. Here’s why: 1. Trade War Fears and Market Uncertainty A new wave of tariffs could escalate tensions with key trading partners, particularly the European Union, Japan, and South Korea, leading to retaliatory tariffs and a potential global trade war. Uncertainty in global trade historically increases demand for gold as investors seek a safe haven from market volatility. 2. Higher Inflation and Rising Costs Tariffs would increase the price of imported cars, leading to higher inflation in the U.S. Rising inflation typically weakens consumer purchasing power and drives investors toward gold, a traditional inflation hedge. 3. Economic Slowdown and Risk of Recession Automakers and suppliers may cut jobs or reduce production, impacting economic growth. A slowing economy could trigger rate cuts from the Federal Reserve, which would lower bond yields and make gold even more attractive as a non-yielding asset. 4. Pressure on the U.S. Dollar Trade conflicts can destabilize the U.S. dollar, especially if major economies reduce reliance on U.S. exports or retaliate with their own tariffs. A weaker dollar increases the price of gold, as gold becomes cheaper for foreign investors. 5. Central Bank Demand and Gold Accumulation If economic uncertainty rises, central banks may increase gold reserves, further boosting demand. We’ve already seen major central banks accumulating gold at record levels, and new trade disruptions could accelerate this trend. Conclusion: A Strong Bull Case for Gold If Trump’s 25% auto tariffs take effect, they could trigger inflation, market volatility, and economic slowdown, all of which are bullish for gold. With central banks buying aggressively and rate cuts likely on the horizon, this could be a major buying opportunity for gold traders. Would you buy gold in this scenario? Let me know in the comments! 🚀
OANDA:XAUUSDLong
by ZILATRADES
12
S&P 500 on Edge: How Trump’s Tariffs Are Reshaping Market TrendsMarket Overview: The Shockwave of New Tariffs The S&P 500 is facing heightened volatility following former President Donald Trump’s newly proposed tariffs. Investors are grappling with concerns over economic growth, inflation, and potential trade retaliation. While markets initially showed resilience, the broader trend suggests growing unease as analysts dissect the long-term impact. Since the announcement, the S&P 500 has shown choppy movements, attempting to hold key support levels. However, increased selling pressure could signal deeper corrections ahead. Breaking Down the Tariffs: What’s at Stake? Trump’s tariff plan includes: • A 10% baseline tariff on all imported goods • A 25% tariff on automobile imports • Additional country-specific trade restrictions These policies aim to boost domestic manufacturing but risk disrupting global supply chains, impacting corporate profit margins, and inflating consumer prices. The biggest concern? Potential retaliatory tariffs from trade partners, which could escalate tensions and further pressure equities. Technical Analysis: S&P 500 at a Crossroads Key Support and Resistance Levels • Support: 5,000 (psychological level), 4,850 (50-day moving average) • Resistance: 5,200 (recent highs), 5,300 (all-time high zone) The S&P 500 recently tested its 50-day moving average, a critical indicator of short-term market sentiment. If selling pressure intensifies, a break below this level could lead to a deeper pullback toward 4,800. Momentum Indicators • RSI (Relative Strength Index): Hovering near 45, indicating neutral to slightly bearish momentum • MACD (Moving Average Convergence Divergence): Shows a bearish crossover, suggesting potential downside pressure • Volume Trends: Increasing on red days, signaling distribution rather than accumulation The combination of technical weakness and fundamental uncertainty points to a cautious trading environment in the coming weeks. Sector Impact: Winners & Losers Winners ✔ Domestic Industrials & Manufacturing – Companies benefiting from protectionist policies may see increased demand. ✔ Defense & Aerospace – Historically resilient during geopolitical and economic uncertainty. ✔ Commodity Producers – Rising inflation could lift materials and energy stocks. Losers ❌ Technology & Semiconductors – Supply chain disruptions and higher import costs could weigh on margins. ❌ Automotive Industry – Higher tariffs on imported vehicles could hurt both manufacturers and consumers. ❌ Retail & Consumer Goods – Increased costs may be passed on to consumers, dampening demand. Investor Playbook: Navigating the Uncertainty Short-Term Strategies • Hedge with Volatility Plays: The VIX has been ticking higher, making it an attractive hedge against market swings. • Watch Key Support Levels: A break below 4,850 on the S&P 500 could signal further downside, while a bounce from current levels may present a short-term buying opportunity. • Sector Rotation: Shift focus to industries that historically perform well during protectionist policies, such as domestic manufacturing and commodities. Long-Term Outlook While the market is reacting negatively to tariff announcements, historical data suggests that initial sell-offs can eventually lead to stabilization as businesses adjust. However, if tariffs escalate into a full-scale trade war, expect prolonged market turbulence similar to the 2018 tariff battle with China. Final Thoughts The S&P 500 is at a critical juncture. If trade tensions escalate, expect increased volatility and further downside pressure. However, if negotiations ease concerns, markets could stabilize and resume their upward trajectory. For now, traders should proceed with caution, keep an eye on technical indicators, and be prepared for potential market shocks. The next few weeks will be crucial in determining whether this is just a short-term correction or the beginning of a broader market shift. ⚠️ Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Stock prices are subject to market risks, and past performance is not indicative of future results. Always conduct your own research or consult a financial advisor before making investment decisions.
SP:SPX
by Invest_MTS
The long-short sweep may still explodeThe tariffs were also successfully implemented. In response, the market bulls and bears also responded strongly. After all, the 3105-3142 area rose and fell in seconds, which was a terrifying market. Of course, to be honest, this wave of turbulence was mostly caused by institutions. After all, the market smashing was also extremely strong. However, I don’t agree with the impact of the tariffs implemented last night. First of all, looking back at the market situation, Trump said that tariffs would be imposed on many countries, which actually meant a 20% retaliatory tariff on the European Union. As for some other countries, only a 10% general levy was implemented, which relatively resulted in an unequal tariff situation. Of course, Trump also reiterated that Canada and Mexico still have tariff exemptions in a limited range of goods. So what impact will this situation have on the bulls and bears of gold? To be honest, personally, I have undoubtedly overestimated the announcement of this tariff. In other words, the implementation of this tariff is a bit insufficient in my eyes. After all, I expected that Trump would make major changes in his previous speech. As a result, it is a significant reduction compared to his previous years in office. This has also limited the outbreak of risk aversion. Of course, trade risks definitely exist, but through the matter of adding Mexico, this is completely negotiable. For this tariff event, I don’t think there is a big risk stimulus. Of course, the key is to see whether the market buys it. If the market thinks it will stimulate long-term risk aversion, then it will inevitably be pushed up by buying. However, the intensity of yesterday’s tariffs was not strong in my opinion. This may also limit the outbreak of longs to a certain extent. After all, the market’s expectations for it were too strong in the early stage, which also led to the early rise of longs, which also included the digestion of news. For this, you still need to be cautious. Then looking back at the current market, the tariffs have been implemented, and in a blink of an eye, we will also welcome the announcement of non-agricultural data. As far as the current market is concerned, the various US economic data have also improved relatively. After all, the substantial growth of ADP has undoubtedly dispelled the rumors of economic downturn. After all, the warming of the labor market undoubtedly reflects the warming of the US economy. Under the influence of tariffs, it has indeed boosted the US economy. Of course, the impact of the data is not just that. The current remarks about the slowdown in inflation are self-defeating. Due to the implementation of tariffs, inflation is likely to rise further. This directly hits the Fed's expectations of a rate cut, and the warming of the labor market has further limited the possibility of the Fed implementing a rate cut. In this regard, no matter what the final result of the market outlook is, based on the current situation, I personally think that it is really difficult for the Fed to implement a rate cut this year, which has also led to a reduction in the momentum of gold bulls. Moreover, if this situation continues, the Fed does not rule out the possibility of being forced to implement a rate hike. Although Trump is also calling on the Fed to cut interest rates, the fact is that it cannot be implemented at present, unless the US talks with other countries again during this period to discuss a reduction, as it did with Canada and Mexico. Otherwise, as time goes by, as the tariff issue intensifies, inflation will be restricted, thus affecting the implementation of the Fed's policy. At this time, you can pay more attention to the market dynamics. So for today, although gold is currently stimulated to rise, I don't quite agree with the emergence of new highs for gold bulls. To put it bluntly, for now, even if a new high appears, gold breaks through 3160, which is more of a possibility of inducing more. I am not saying that I am blindly bearish, but you have actually seen that gold is blocked at a high level, and the momentum of falling back is also extremely strong, especially gold started three consecutive positives last Friday, and as of Tuesday this week, it stopped falling near the highest point of 3149. The bull outbreak is already facing exhaustion. Even if the bulls rise again today, where can they rise, to 3200? Then what? You should know that it is cold at the top. Unless there is absolute bullish momentum to support gold to continue to rise, there will be a peak at any time. The short space is still large, just waiting for an opportunity. In particular, the sharp increase in ADP has led to the market betting on the negative non-agricultural data. Once gold is blocked from rising, it will inevitably collapse in an instant. Especially when this kind of news stimulates gold to rise, retail investors in the market will not consider its fundamentals. They will only think that interest rate cuts are absolutely good for bulls and the implementation of tariffs is absolutely good for bulls, which will lead to buying. This is also a chance for institutions to snipe bulls. For this, for today and tomorrow, even if gold breaks a new high, you should not blindly follow the trend. Remember to guard against the possibility of a resurgence of shorts. In this regard, I personally prefer the possibility of shorts looking back at the possibility of breaking 3100 and falling to 3080-3050. You can be cautious about this. As for today's opening, gold opened high at 3141, and encountered a flash crash at 3128 at the opening, and then rebounded to 3139 and then flash crashed to 3123. This performance can be said to be extremely strong. In this case, I certainly cannot notify the operation. After all, the fluctuation is too fast. With a quote every second, even if you give an order, you may not be able to enter the market in time. For this, you still need to wait for the market to calm down. As for today's market, the fluctuation may be relatively strong. You can wait and see and be cautious. As for the specific operation details, I will give them in real time. Remember to strictly follow my requirements to control the position and stop loss. ​ ​
FOREXCOM:XAUUSDShort
by TP_Daniel
EUR/USD | Potential Reversal SetupSitting at a critical zone. Big money clustering around current levels, VRVP showing strong interest. MACD hinting at trend shift. 1.078 is the key resistance - break it, and we're looking at a nice move up. Rejection, and we might see another leg down. Trading Plan: 1 Watch 1.078 closely 2 Bullish above, bearish below 3 Look for confirmation i'll update that soon. the uncertainty of the tariffs april 2 will be a big catalyst to look at
by youbicode
2
Breaking: Filecoin's USDFC Now on SushiSwap $FIL To Surge 250%The Filecoin's -backed stablecoin $USDFC has extended its services to the Sushiswap platform where users can now swap USDFC seamlessly on SushiSwap, making it easier than ever to access! Furthermore, by providing liquidity to the FIL/USDFC pool, you can earn fee income. This strategic move by Filecoin ( LSE:FIL ) is set to make LSE:FIL go parabolic in the coming week with an anticipated 250% surge in the horizon. As of the time of writing, Filecoin ( LSE:FIL ) is down 6.24% losing the $3 pivot currently down to $2.66. The asset is approaching oversold levels as hinted by the RSI at 37.60. However, the daily chart pattern depicts a symmetrical triangle, a breakout above the ceiling of the triangle could cement the grounds for the 250% surge. What Is Filecoin (FIL)? Filecoin is a decentralized storage system that aims to “store humanity’s most important information.” The project raised $205 million in an initial coin offering (ICO) in 2017, and initially planned a launch date for mid-2019. However, the launch date for the Filecoin mainnet was pushed back until block 148,888, which is expected in mid-October 2020. Filecoin Price Live Data The live Filecoin price today is $2.67 USD with a 24-hour trading volume of $171,672,956 USD. Filecoin is down 6.34% in the last 24 hours. The current CoinMarketCap ranking is #47, with a live market cap of $1,728,274,124 USD. It has a circulating supply of 647,135,072 FIL coins and the max. supply is not available.
COINBASE:FILUSDLong
by DEXWireNews
FTM/USD 1D ChartHello everyone, let's look at the 1D FTM to USD chart, in this situation we can see how the price is moving in a descending triangle where we are approaching the moment of trying to choose the direction in which the price can go further. Let's start by defining the targets for the near future that the price has to face: T1 = 0.66 USD T2 = 0.81 USD Т3 = 0.93 USD Now let's move on to the stop-loss in case the market continues to fall: SL1 = 0.44 USD SL2 = 0.31 USD SL3 = 0.21 USD If we look at the MACD indicator we can see a return to a local downtrend, however we are still in a place where the trend can reverse and surprise us with growth.
CRYPTO:FTMUSD
by cryptodailyuk
XAUUSD Daily Trading Plan for April 3, 2025🧠 Smart Money Concepts x Fundamental Flow Despite negative USD news (ADP & ISM) and Trump’s hawkish blurbs, Gold didn’t pop aggressively — it wicked up into premium supply, then quickly retraced. That’s a liquidity game, not a trend change (yet). Still bullish bias overall, but intraday looks mixed. 🧭 Bigger Picture – D1/H4 Price rejected strongly from the premium supply zone near 3144–3147, leaving a clear wick with imbalance underneath. Bullish structure remains valid, but we're seeing a potential distribution pattern short-term. Trendline liquidity & HLs are stacking up below, ideal for a grab. 🟩 Demand zones of interest: 3107–3115 (discount zone, strong reaction in prior sessions) 3086–3092 (last known rally base) 📌 Key Zones 🔵 Premium supply: 3144–3147 🟡 Buyside liquidity: 3147–3155 🟦 Sellside liquidity grab zone: 3107–3115 🟢 Strong demand: 3086–3092 🔴 Major liquidity draw: 3180 zone (untouched weekly magnet) 🧩 SCENARIO 1 – 🐂 “Power of Discount” Buy Setup “When in doubt, hunt the imbalance out.” Price dips toward 3115–3107, taps imbalance + OB, shows M5/MS shift Confirmation + sniper long TP1: 3142 (last high), TP2: 3180 if momentum kicks in 🎯 Confluences: Discount OB zone + unfilled imbalance Trendline tap + BOS + liquidity grab Weak DXY context 🧩 SCENARIO 2 – 🐂 Trap, Swipe & Rally Buy Deep sweep to 3086 zone Reversal signs after stop hunt / equal low grab Entry on CHoCH or breaker retest (M15 or M5) TP1: 3140, TP2: 3180 💡 This is the “maximum pain = maximum profit” play. 🧩 SCENARIO 3 – 🐻 Premium Rejection Intraday Sell “Supply hits, market flips.” Price tests 3144–3147 again in early session No BOS on M5, shows weakness (M5/M15 LH + CHoCH) Sell into imbalance zones TP1: 3127, TP2: 3110 ⚠️ Only take this if we don’t break above 3147. Watch liquidity wicks! 🧩 SCENARIO 4 – 🐻 Fake Pump & Dump Price spikes through PDH, into 3155–3160 Quick rejection (news-induced spike or algo trap) Sell setup on lower TF reversal after liquidity sweep TP to 3115 zone 🎭 A classic “grab & go” trap. Great RR but needs discipline. 📰 Macro Watch – April 3, 2025 Fed speakers are lining up — watch for dollar volatility 👀 China PMI during Asia could boost metals DXY might stay weak → keep gold supported Gold is at ATH regions = more manipulation + fakeouts!
OANDA:XAUUSD
by GoldFxMinds
4/2/25 - $fc - Solid co, but dip buy ONLY4/2/25 :: VROCKSTAR :: NYSE:FC Solid co, but dip buy ONLY - been on my radar for about a year, but "rolling" over starting last quarter and estimates really got floored - so the "setup" from a financial POV such that we can *see* bottom and *have confidence* in mgmt "optimistic" speech is a stock you could buy - but honestly, at higher EBITDA multiple than NXT (which as you all know is my benchmark) on a small cap stock in this environment and where this type of service (training ppl inside biz's) is likely being tightened at the margin, especially "now", early in 1H25... i can't imagine if you don't own this you would want to be piling in. - if stock does pop, i'd guess larger holders use the liquidity to sell down/ adjust. if stock sinks... the incremental bid esp to the start to a new quarter could be limited. - but even on trough say $20 mm FCF on a cap of $320 mm, you're at >6% fcf "not bad at all". the only issue is whether you can believe it's $20 and on it's way back to $25 or $30 in '26. i just don't think we have that visibility. - so the play for me is if they report "abysmal results" and perhaps even we get a double whammy of mkt beta/tide go out in the coming weeks. this could be an interesting play at a double digit+ FCF yield, which is still a healthy 30% lower. so i'll set my greedy target slightly above $20 to look again <> mainly bc that sort of move on a well capitalized co like this is simply too extreme - so it would be a multi-day/week greedy target. that's a lot of writing for a small name, but wanted to do the thinking for myself in the future b/c when we're in the moment it's easier to "just act" then go through this exercise and block out the emotions :) have a good liberation day, or whatever that is, everyone. V
NYSE:FC
by VROCKSTAR
Tesla Bull Trap is copiumThere is currently 0% probably of a substantial breakouts in either direction. Tesla is crabbing and will likely continue to crab with high volatility until May. Nothing about the fundamentals has changed, and no technicals in terms of trend, volume, momentum, volatility and options chains suggests a reversal is nessary. The overall damage Elon has done to the brand is likely irreversible at this point. Sales in Germany are down I believe 90%, and more than 50% in the US, meanwhile in China BYD is dominating. Moreover, China or Germany could seize the gigafactory in retaliation for tarrifs if they wanted. That only leaves Texas and Nevada as manufacturing hubs on products without any sales. The promise of a fleet is a pipedream because FSD is not safe. Though this regime may push it through for Elon's benefit, it would only serve to incr3ase liabilities on their balance sheet and further damage the brand so it's not the moon shot he presents it to be. The entire brand was built on climate pledges and hope. The CEO has now endorsed big oil, he's running massive gas generators for AI, supports the regime that backed out of the Paris Agreement (again) and the protests are growing in momentum without any sign of slow down. In short TSLA is in the "find out" phase.
NASDAQ:TSLA
by livingdracula
2
Gold Market and the Impact of Trump’s Tariff PolicyGold prices hit a new all-time high as investors seek safe haven assets amid growing uncertainty in the global economy. After several rounds of market turmoil, investors have recovered somewhat in Asian markets this week. In the coming week, the focus will be on the reciprocal tariff plan that Trump will announce on April 2. If Trump decides to take tough measures and implement high tariffs across the board, it may have a big impact on the market. However, if there is some relaxation of tariff policies, such as tax exemptions for specific countries, then the market may have a chance to rebound. Trump was proud of Wall Street's record highs during his first term, but now seems to be less concerned about the stock market and more focused on the adjustment of overall economic policies. I think this may be the time to make structural changes to the US economy, although these adjustments may bring challenges in the short term, but the hope is that the economy will recover before the mid-term elections next year. In addition, Asian stock markets have also been affected by volatility, especially the automotive industries in Japan and South Korea are under pressure. The automotive manufacturing industries in these countries face the challenge of change due to the upcoming 25% tariffs. Investors are full of doubts about Trump's tariff policy, and market sentiment is cautious, and all parties are waiting for the policy announcement on April 2. In short, although the market has rebounded in the short term, future trends still need to focus on Trump’s tariff decisions and their potential impact on the global economy.
FOREXCOM:XAUUSDShort
by TP_Daniel
Kering: an ugly duckling or is there value there?This analysis is provided by Eden Bradfeld at BlackBull Research. Kering is trading under the 200 EUR mark, at 190 EUR per share. That’s roughly 1.57x price/book and 1.4x price/sales. Remember — Kering not only owns Gucci, but also Bottega, Saint Laurent, Balenciaga, McQueen, Brioni, Boucheron, etc. It is not a one trick pony. Mr. Market hated Demna’s appointment to Gucci, which I think is a little bit misguided — Demna’s couture at Balenciaga was top-notch and I think it’s a mistake to think of him as only a ‘street style’ guy. But let’s talk numbers, provided by Eden GPT — if you project out earnings to FY27 and assume Gucci grows at ~10% and other houses at ~5% (very conservative, btw, considering how much Gucci has already pulled back in terms of growth and how Bottega, Saint Laurent continue to either grow or sit relatively flat). Anyway, let’s also assume the company continues to trade at a fwd discount to peers. That implies a +146% upside at 15x earnings to the current stock price. There’s a lot of rope to be wrong there — even a 50% re-rating is quite lovely, and doesn’t take any kind of “moonshot” to find yourself there. Now, you need to remember that fashion isn’t about yesterday, it’s about the now, and the market is at a perpetual disadvantage to fashion because they are looking at yesterday’s numbers. In other words, fashion is like an even more bipolar version of Mr. Market — today’s trend is today’s price; unfortunately tomorrow’s trend is never priced in. Now, I don’t have to do a lot of heavy lifting to remember that all of Kering’s houses have been fairly fashionable throughout time. Nor do I have to do much heavy lifting to remember that Gucci did incredibly well and then it did less well (a trend throughout Gucci’s history). Gucci is cyclical, and tends to go from terrible designer to great designer. The trend infers a “great designer”, given Sabato’s underperformance. Demna already quadrupled Balenciaga’s sales. It doesn’t take a great leap of faith to think he’ll do well at Gucci — the cynicism is overblown. Point is, if you assume — even at limited growth — that Kering and its houses continue to grow modestly, then you are looking at a company that trades at a severe discount to peers. No, Harry Styles isn’t wearing Gucci — but remember that Styles and co aren’t the primary drivers of growth, it’s much bigger than that. And remember that Pinault’s family office, Artemis, owns CAA, one of the big two talent agencies — it will be no surprise that Zoe Kravitz wore Saint Laurent at the Vanity Fair Oscar’s party, and that Kravitz is represented by CAA. In other words, there’s a clear symbiosis between Kering owning these houses and the Pinault family office owning CAA. Expect to see more Kering houses on the red carpet, in magazines, etc. That’s a lot of free publicity. Bottom line — there’s a lot of overblown fear here (and yes, those Trump tariffs aren’t helping). With so much potential upside, it’s hard to not see Kering as “value”.
EURONEXT:KER
by BlackBull_Markets
Liberation Day: Fear or greed in the air? We are less than hour out from the Liberation Day tariff announcements. The U.S. is preparing to roll out reciprocal tariffs on all countries, with rates set at 10%, 15%, and 20%, according to Sky News. Investors hoping for certainty may be disappointed—this could mark the start of a longer phase of trade battles. Mexico, once again, is reading the room. President Sheinbaum has confirmed Mexico won’t respond with tit-for-tat tariffs. They understand that the way to deal with Trump is to treat him with kid gloves. Meanwhile, gold hit another record high, reaching $3,149.04 on Tuesday before pulling back a little. Buyers might have a better setup around the parallel pivot line to position for further upside.
BLACKBULL:XAUUSD
by BlackBull_Markets