Midterm Analysis - How Gold will react to the ending Trade War

Reasons of selling XAUUSD:

- Consolidation range with a higher bearish pressure.
- War alleviation with will transfert back funds into the stock market.
- Institutional and Demand Level coinciding.

Comentário:

Little bounce back at the lower level of the consolidation phase. The bearish pressure is still present.

Trade fechado: stop atingido

Comentário:

Gold bounced at the lower consolidation level.