NikaJourney

Price Action Says Short, But War Can Say Bull

FX:XAUUSD   Gold Spot / U.S. Dollar
Gold is extremely overbought on both the monthly and the weekly. So this should still ride overall as a short.

The conflict with Iran can still greatly affect the USD, so whatever happens, this week news-wise can still make it bullish against price action.

But technical analysis still screaming this is a big big short. Let's see.

BEAR TPS:
• 1550.55
• 1537.30
• 1527.05
• 1515.56
• 1503.63
• 1489.61

BULL TPS:
• 1571.51
• 1584.37
• 1595.62
• 1610.72
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