Emas / Dollar A.S.Diupdate XAU|USD Fall Coming At Local Highs?
Harsh upside momentum has been fed by the FED.
Traditionally, gold has been a safe haven asset, but now, it seems it is de-pegged from this sentiment driver and rising on continued soft landing hopes.
As we rise again to highs and previous short zones, we can discuss ATH's.
Traditionally, gold has been a safe haven asset, but now, it seems it is de-pegged from this sentiment driver and rising on continued soft landing hopes.
As we rise again to highs and previous short zones, we can discuss ATH's.
Catatan
More momentum at highs, would not be surprised if break occurs. Short tentatively.Catatan
Rise above highs as expected. Strong sentiment influx driving price higher. I would wait for a clear change before entry.Catatan
Price rebounding to previous highs (now support, rather than resistance). Not time to buy massively, price still too high.Catatan
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