GOLD/USD Daily bullish. *Hints of stagflation and a very possible recession fueled by a strong U.S. dollar, high inflation, low unemployment, rising Funds rate, falling new home sales, Russia/China and shrinking GDP has some investors fleeing to Gold as a safe haven asset again. This has been further exacerbated by the recent downturn for USD.* Recommended ratio: 90% GOLD, 10% cash. Price is currently trending up at $1860 after establishing support at both the 200 MA ($1840) and the uptrend line from April 2020. Volume remains high (moderate) and is currently on track to favor sellers for the first session in six sessions if it closes today in the red. Parabolic SAR flips bearish at $1800, this margin is neutral at the moment. RSI is currently trending down at 46.50 after defending support at the uptrend line from April 2013 at 35.50; the next resistance is at 67.24 and the next support at 42.06. Stochastic remains bullish and is on the verge of crossing over bearish at 98. MACD remains bullish and is currently trending up at -17, the next resistance is at -10.84. ADX is currently trending down at 22.84 as Price continues higher, this is reflective of a potential reversal and would be confirmed if ADX was to bounce in the coming sessions and trend back above 25. If Price is able to continue surging then it will likely test the 50 MA at $1910 minor resistance. However, if Price breaks down here, it will likely retest the 200 MA at $1840 before potentially heading lower to retest the uptrend line from April 2020 at $1800. Mental Stop Loss: (two consecutive closes below) $1840.