Could the recent Fundamental Factors influence a Bullish XAU?
Important Fundamental Events developing!
Recent Global headline fear investors of further developing conflicts in the Middle East region.
Headlines:
“The US considers possible military action against Houthi rebels in Yemen”
"Shipping giant Maersk to avoid Red Sea routes for ‘foreseeable future”
“Cabinet thought to be discussing UK and US military action against Yemen's Houthi fighters”
These recent developing fundametnal factors could definitely have a big impact on XAU, as anything that’s potentially a fear of war, or a global conflict fears investors.
XAU is seen as the Safe-heaven by investors, and the fear of war leads investors push the price of XAU higher.
Fear of war = Higher prices on XAU/USD
No fear, calm Global situations = Lower prices on XAU/USD.
Based on these Fundamental factors, our previous outlooks and bias on XAU/USD would heavily change, as the previously shared MMSM (Market Maker Sell Model) would no longer be our outlook.
If we take a look at the Technical Analysis, we see how XAU is pushing back up from the OTE (Optimal Trade Entry) area, where Institutional investors already had their Opportunity to buy more XAU at a discounted price.
XAU/USD H4 Technical Analysis:
Institutional investors already have XAU/USD at a Discounted level, and Golden Zone (OTE)!
Sell Stops sweep + LRLR + OTE + Fundamental Analysis + Potential rejection from OTE
Recent Global headline fear investors of further developing conflicts in the Middle East region.
Headlines:
“The US considers possible military action against Houthi rebels in Yemen”
"Shipping giant Maersk to avoid Red Sea routes for ‘foreseeable future”
“Cabinet thought to be discussing UK and US military action against Yemen's Houthi fighters”
These recent developing fundametnal factors could definitely have a big impact on XAU, as anything that’s potentially a fear of war, or a global conflict fears investors.
XAU is seen as the Safe-heaven by investors, and the fear of war leads investors push the price of XAU higher.
Fear of war = Higher prices on XAU/USD
No fear, calm Global situations = Lower prices on XAU/USD.
Based on these Fundamental factors, our previous outlooks and bias on XAU/USD would heavily change, as the previously shared MMSM (Market Maker Sell Model) would no longer be our outlook.
If we take a look at the Technical Analysis, we see how XAU is pushing back up from the OTE (Optimal Trade Entry) area, where Institutional investors already had their Opportunity to buy more XAU at a discounted price.
XAU/USD H4 Technical Analysis:
Institutional investors already have XAU/USD at a Discounted level, and Golden Zone (OTE)!
Sell Stops sweep + LRLR + OTE + Fundamental Analysis + Potential rejection from OTE