XAU/GBP has broken all-time high already,
XAU/EUR is close proximity to all time high
Will XAU/USD also break its previous high, or will this lead to a sell-off?
For XAU/USD to break the high, I would like to see XAU/EUR to break all time high and XAU/GBP to connsolidate.
However, for a reversal in this trio, I would need to see a strength switch in the leading assets (XAU/GBP and
If there are no positive developments in the ongoing war, it's likely that we will see an SMT break.
#XAUUSD
XAU/EUR is close proximity to all time high
Will XAU/USD also break its previous high, or will this lead to a sell-off?
For XAU/USD to break the high, I would like to see XAU/EUR to break all time high and XAU/GBP to connsolidate.
However, for a reversal in this trio, I would need to see a strength switch in the leading assets (XAU/GBP and
If there are no positive developments in the ongoing war, it's likely that we will see an SMT break.
#XAUUSD
Key Drivers:
1. Coordinated US-Israel strike killed Iran's supreme leader.-
2.Iran retaliated with attacks on Israel and US bases.-
3. Tanker attacks near the Strait of Hormuz threaten 20% of global oil flow.-
4.Oil hit $75; Brent surged 7.2%.-
5.Gold pushed above $5,400 on safe-haven demand.-
6..Stocks under pressure globally.
1. Coordinated US-Israel strike killed Iran's supreme leader.-
2.Iran retaliated with attacks on Israel and US bases.-
3. Tanker attacks near the Strait of Hormuz threaten 20% of global oil flow.-
4.Oil hit $75; Brent surged 7.2%.-
5.Gold pushed above $5,400 on safe-haven demand.-
6..Stocks under pressure globally.
β€4
β€3
Fx Overseasπ°π
if you are too excited to buy oil and make quick money because of this war< read it carefully, oil closed last week around 67.4 opened up this week around 73.89 that's freaking 500+ ticks openning gap, let it atleast retrace 50% of the gap around 70.6β¦
Sniper in oil, text book move
π1
#GOLD a important lesson here.
Trade what the chart is telling you, not what the world is whispering.
Gold didnβt fall $400 today because the world suddenly became safer.
It fell because the market had already priced in the fear, and when everyone expected a safeβhaven rally, price simply chose the opposite direction.
Thatβs the lesson most traders learn late:
Narratives are loud. Price is louder.
Logic feels comforting. Price doesnβt care.
βIt should go upβ has never paid a single bill.
Your job is not to predict. Your job is to respond.
Every major wipeout happens when traders marry a story instead of reading the structure.
Every major breakthrough happens when traders
finally accept that price is the only truth in the room
Trade what the chart is telling you, not what the world is whispering.
Gold didnβt fall $400 today because the world suddenly became safer.
It fell because the market had already priced in the fear, and when everyone expected a safeβhaven rally, price simply chose the opposite direction.
Thatβs the lesson most traders learn late:
Narratives are loud. Price is louder.
Logic feels comforting. Price doesnβt care.
βIt should go upβ has never paid a single bill.
Your job is not to predict. Your job is to respond.
Every major wipeout happens when traders marry a story instead of reading the structure.
Every major breakthrough happens when traders
finally accept that price is the only truth in the room
β€9
#BTCUSD could be internal to external play here.
1H CISD will be confimation, i will be looking for a buy around 1H breaker
1H CISD will be confimation, i will be looking for a buy around 1H breaker