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Gold has been recently bullish due to the Feds slowing the pace of interest rate hikes and fears of recession is looming. We also have the war in Ukraine that can potentially escalate even more. Gold can breach the all time highs. Here are the Supply and Demand Zones that I will look for setups/reactions from.

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Current situation with USA/Russia/Ukraine tension we have seen USD, JPY pairs and commodities climb higher as they are a save haven markets. I am expecting price to take out the liquidity on the upside before mitigating the daily demand zone around at 1.25100 area. If price can tap into one of these demand zones around 1.26500 and 1.2600 area first we can target...

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The recent rise in gold prices based off of US CPI numbers,the potential of the Russia-Ukraine conflict growing worrisome, rising of US inflation are some factors that come to my mind. In March there will be an announcement from the US FED to raise interest rates to combat the high inflation rate. Fundamentals aside. Price is currently at a daily supply zone....

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looking for long as it has tested the support and a bullish candle confirmation. Trade at your own risk!!

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thoughts on this?