XAUUSD DAILY BIAS : M.I.X.E.D but tilted toward B.U.L.L.I.S.H 🐃
🔱 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 non-interest-bearing asset.
I believe the 50 bps has been priced in, thus less impactful.
TECHNICAL BIAS: Mixed, but tilted toward bullish
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 non-interest-bearing asset.
I believe the 50 bps has been priced in, thus less impactful.
TECHNICAL BIAS: Mixed, but tilted toward bullish
Comment:
With new intraday high created, daily bullish bias-
End of trading session good bye.
End of trading session good bye.
Comment:
Sticking to my own model of trading, thought process, will deliver where i want to be in analysis
Trade closed: target reached
Never the less I plotted my analysis & price moved 100 pips from area of interest.