GOLD - WEEK 9
GOLD has an impulsive move up due to obvious reasons in eastern Europe.
GOLD is a safe heaven during times and it's having some pullbacks from it's bullish move. I would recommend reading my financial warfare post as it covers a more in depth situation as to what can be triggered by this war. I believe GOLD has the potential to dip further and I will be very interested in taking a swing long from the marked blue zone. GOLD is respecting technicals a lot better than WTI is but again it will be volatile and can spike widely in any direction given positive or negative developments coming from UKRAINE.
GOLD has an impulsive move up due to obvious reasons in eastern Europe.
GOLD is a safe heaven during times and it's having some pullbacks from it's bullish move. I would recommend reading my financial warfare post as it covers a more in depth situation as to what can be triggered by this war. I believe GOLD has the potential to dip further and I will be very interested in taking a swing long from the marked blue zone. GOLD is respecting technicals a lot better than WTI is but again it will be volatile and can spike widely in any direction given positive or negative developments coming from UKRAINE.
