


PhantomFusion
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0Joined Jan 15, 2019
chartpattern
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trendanalysis
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From my previous publication, We can see gold climbing steadily. My idea has not completely changed. Gold has reached ATH 3x in a row creating a "Tripple top" and an ascending triangle. Minor pullbacks to previous S/R levels. The currently imposed tariffs and dovish gold news can raise its price to a new ATH. Gold kept breaking through Bearish OB, hence Bulls...
2
XAU reached ATH, with a slight impact from the FOMC. Fed Chairman Jerome Powell. The FOMC news was slightly hawkish because the interest rate was held and not in a rush. Gold remains a haven. Tension and worries have arisen from President Trump's application of tariffs. Gold rises and remains bullish overall. There should be a pivot when the CPI comes out or at...
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