OANDA:XAUUSD   Emas / Dollar A.S.
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. anticipating a pullback form the 4H OB and will look to buy in a area of discount . Alternative. price can keep climbing up to 1880 to 1900 area before we see a pullback. Be adaptable.
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