Small timeframe engulfed early with a candlestick that appears to imitate a breakout and not momentum shift. This can be orders opened to buy from early purchaser bullion. If it's below the 50mva there's a chance of seeing a test of daily support 0.73490
As final target
Entry seems to be taken @ 0.73919/890-822
Monthly bias=bullish
-Ol predictions are still valid as long as we stay neutral. Above 0.715/0.7000 last defence as that will change the outlook again for 0.66/688 seems key level to stop depression of 🐻
Weekly idea /bulls in control as of yet
-Dips seem more optional as price is moves sideways up but slowly. This can be a correction and determining the low of it might be shallow to be frank this move is just a view for a buying outlook if price breaks above SL 0.74030 we close and look for buys above maintained level 0.74110/447. It's SL will be 0.739119
Russia and Aussie are one of the leading gold producers so on going war might have a negative effect on it still
As final target
Entry seems to be taken @ 0.73919/890-822
Monthly bias=bullish
-Ol predictions are still valid as long as we stay neutral. Above 0.715/0.7000 last defence as that will change the outlook again for 0.66/688 seems key level to stop depression of 🐻
Weekly idea /bulls in control as of yet
-Dips seem more optional as price is moves sideways up but slowly. This can be a correction and determining the low of it might be shallow to be frank this move is just a view for a buying outlook if price breaks above SL 0.74030 we close and look for buys above maintained level 0.74110/447. It's SL will be 0.739119
Russia and Aussie are one of the leading gold producers so on going war might have a negative effect on it still
