UnknownUnicorn6578325

UnknownUnicorn6578325

The price movement approaching the resistance area with decreasing liquidity indicates a reduced enthusiasm of market participants to buy. This is also supported by the decreased concerns caused by the Silicon Valley Bank & Signature Bank incident. Therefore, it can be concluded to prepare for a selling position.

UnknownUnicorn6578325

The point at which the price touches the resistance levels (a & b), the volume tends to be high with a candle body indicating selling pressure. This is accompanied by a decrease in volume when the price moves upwards (from c to b, and from d to e). With the decreasing impact of COVID-19 on the economy, the need for gold as an asset value protection is gradually...

UnknownUnicorn6578325

with improving global economic conditions, reduced uncertainty in financial markets, and driven by the increase in interest rates by the fed. economic actors began to move their assets into US dollars. it seem xauusd moving on sideways between all time high and 2021 low. plus its already break double bottom pattern

UnknownUnicorn6578325 Updated 

since indonesia nickel export ban in 2019, japan automotive industrys already facing great pressure on their supply chain. after indonesia lossing nickel dispute on WTO, USDJPY seem going bearish as we can see on chart, but recently indonesian goverment announce bauxite export ban which seem drive bauxite price up. as we know japan top export product came from...