XAU/USD Maybe the strong uptrend is started
Hi guys
What do you think about gold in upcoming days?
I will tell you the analysis by RTM method.
As you know, we had a compression (C.P) in gold chart recent days that shows us the orders are consumed. This compression ranges between the 1900 to 1980.
After that, the price touched the higher timeframe FTR that ranges between 1903 and 1887.
Then the price indicate us a reversal pattern.
Also the fundamental reasons show us that the uncertainty caused by different reasons like war is growing.
So the vision of gold is bullish.
Sincerely
Hosein Poursaei
What do you think about gold in upcoming days?
I will tell you the analysis by RTM method.
As you know, we had a compression (C.P) in gold chart recent days that shows us the orders are consumed. This compression ranges between the 1900 to 1980.
After that, the price touched the higher timeframe FTR that ranges between 1903 and 1887.
Then the price indicate us a reversal pattern.
Also the fundamental reasons show us that the uncertainty caused by different reasons like war is growing.
So the vision of gold is bullish.
Sincerely
Hosein Poursaei