Gold XAU/USD (Ready for a ride?)

Atualizado
View On Gold XAU/USD (30 Mar 2022)


We have a strong run up in the recent weeks due to the ongoing war in Ukraine and it may be about to end soon.

Moving forward, I expect Gold will still be in the overall UP trend with the inflationary risk on the horizon.
But we also can expect wild swings ahead first. So, it is better for the trader to use wait and buy slowly approach first.

For now, if the current strong support of $1,900 is broken down, it may as well retest the $1,880 or $1,840 first. Be Patience if you want to buy in.




DYODD, all the best and read the disclaimer too.
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DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
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Nota
View On Gold XAU/USD (8 Apr 2022)

For Gold. we are still seeing the possible side way swing (or) may even see some pull back for short term frame (1 week to 1 month) first.

So, we are not hurry to take any immediate BUY positions just yet.

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Nota
Updated View On Gold XAU/USD (3 May 2022)


Follow our analysis on 30 Mar? THe price of GOld is at $1,840 as expected.


The another nearest support is $1,820 region and there shall be some sort of bounce possible.
So, please do not get carried over the shorting frenzy from now on and be very careful with the sell side for now.



DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" <or> "Comment".
Thank You!

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Beyond Technical AnalysisGoldsonicrmasterysonicrsystemTrend AnalysisXAUUSDxauusdanalysisxauusdlong

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