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BIAS: BULLISH 🔺 TECHNICAL PROJECTION: BULLISH 🔺 We have a bullish bias that price will rise to 137. Once there is upside confirmation, bullish momentum is expected to carry to 141 target. AREAS OF INTEREST: H4 time frame, break of resistance at 137 H4 time frame, support at 134.225 - attempting to catch the bullish "E" wave FUNDAMENTAL PROJECTION: JPY WEAK...

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BIAS: BULLISH 🔺 TECHNICAL PROJECTION: BULLISH 🔺 We have a H4 breakout bullish confirmation, bullish momentum is expected to carry to 1.556 target. AREAS OF INTEREST: H4 time frame, bullish breakout confirmed- will be attempting to join in the "E wave" by break & retest method. FUNDAMENTAL PROJECTION: AUD is weak and will become weaker as it gets weighed...

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BIAS: Bullish FUNDAMENTAL BIAS: Bullish Amid the overarching war in Eastern Europe that would attract safe-haven bids for gold & Powell stating we are not "actively considering" a 75bps rate hike should keep gold bullish. TECHNICAL BIAS: Bullish

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🔱 GOLD TRADE IDEA 🔱 BIAS: Mixed Bullish FUNDAMENTAL BIAS: Mixed Bullish The fate of the precious metal is still expected to be largely influenced by the fluid developments of the prolonged war in eastern Europe, which affects its safe-haven appeal, and global central banks’ path towards policy normalisation, which weighs on the...

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🔱 GOLD TRADE IDEA 🔱 BIAS: Mixed Bullish FUNDAMENTAL BIAS: Mixed Bullish The increase in risk aversion due to the Russia-Ukraine escalation is expected to balance the hawkish path taken by central banks globally to tackle rising inflation. TECHNICAL BIAS: Mixed, but tilted toward bullish

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🔱 GOLD TRADE IDEA 🔱 BIAS: Bearish FUNDAMENTAL BIAS: Bearish Below 1913 - reflects that the market is weighing the global central banks’ actions through faster rate hikes to fight against war, virus- and supply-led inflation. TECHNICAL BIAS: Bearish

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🔱 GOLD TRADE IDEA 🔱 BIAS: Mixed Bearish FUNDAMENTAL BIAS: Bearish Gold can see bearish offers maintained amid the heightened pace & urgency to raise interest rates by central banks towards policy normalisation are likely to overshadow the drag from the war in eastern Europe. TECHNICAL BIAS: Bearish Expecting price to find support at 1915 & head toward...

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🔱 GOLD TRADE IDEA 🔱 BIAS: Bearish FUNDAMENTAL BIAS: Bearish The strength in the USD is likely to spill over following the reaffirmation of a faster pace towards hiking interest rates to counter the relentless rise in inflation. Golds outlook is sandwiched between the heightened pace towards policy normalisation by central banks and the war in eastern...

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🔱 GOLD TRADE IDEA 🔱 BIAS: Bearish FUNDAMENTAL BIAS: Bearish Gold may see further weakness from central banks’ affirmation to tackle inflation faster. In the FED Beige book yesterday they reiterated the central bank’s path toward policy normalisation. A 2-2.5% neutral rate is likely to be reached by 2022. The focus on central banks’ policies,...

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🔱 GOLD TRADE IDEA 🔱 BIAS: Mixed FUNDAMENTAL BIAS: Mixed Golds status as and inflation hedge & safe haven is served as a double edged sword. INTEREST RATES: Central banks worldwide are looking to increase rates faster- putting bearish pressure on non-interest bearing gold. - (however not all central banks like Japan & Europe) SAFE HAVEN:...

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🔱 GOLD TRADE IDEA 🔱 BIAS: Mixed but tilted toward Bullish FUNDAMENTAL BIAS: Mixed Bullish Gold is likely to gain from the Moscow- Kyiv tussle which remains the key driver for the demand of the precious metal. Gold status as an inflation hedge seems balanced by the anticipation of sustained hawkishness from major central bank efforts to lower...

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🔱 GOLD TRADE IDEA 🔱 BIAS: Bullish FUNDAMENTAL BIAS: Bullish The negotiation for peace in the Moscow-Kyiv tension seems off the table - which triggered an upward spike & is anticipated to be sustained. Alongside the overarching global inflation which adds to this conviction. TECHNICAL BIAS: Bullish

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🔱 GOLD TRADE IDEA 🔱 BIAS: Bullish FUNDAMENTAL BIAS: Bullish Most central banks hiking interest rates by 50 bps- balancing the demand that may come from the inflation hedgers. USD is mixed as FEDS think inflation is at its peak whilst the latest CPI data shows an increase in the UK. The tussle in Eastern Europe between Russia & Ukraine underlines...

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🔱 GOLD TRADE IDEA 🔱 BIAS: Bullish FUNDAMENTAL BIAS: Bullish The latest inflation rate reaffirms global inflation rate & amid heightened escalations between Russia & the West. Putin stated that talks with Ukraine are at dead-end following latter deviation from agreements reached in Turkey TECHNICAL BIAS: Bullish