🔱 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 1936. If this breaks - 1941 or 1955 where next swing high resistance is.
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 1936. If this breaks - 1941 or 1955 where next swing high resistance is.