My trade is just simple. If it is ranging, then dont trade. Wait for signs before you do a decision. I always look at the Daily Chart for better results, and it is still in box. If it goes up, I will be looking for best price point to sell. If it goes down, make sure to put some positions there for a possible breakout. Everything can happen in the next days. Be...
As of now, Gold has broke the box again and currently on the breakout of going up again. However, it could be a fakeout and can meddle again in the zone, so please trade wisely. You might ask me is this even an Analysis? and yes. I keep it simple and straight. Gold is still fundamentally bullish as well because of the Russian-Ukraine War, plus the buyers are...
There is a box in the chart which are looking to make or break on the upcoming price of this pair. The room for reversal are big on Daily Chart but not that big on 4H chart, so be careful. A good selling opportunity if it breaks but the buyers are strong as well at the moment. NFA!