ITA has been in a downchannel even before invasion. It only overshot during invasion to make an ATH @113.37. Since then, it made an ABC corrective wave & came back down to retest channel base near the 93 zone.
BULLISH CASE: it bounced after retesting channel base @93 but was stalled by ma50.. 93 is a VOLUME PROFILE zone & is the Fib 0.382 retracement level. It is...
2021 Ranging market:
1-No trend momentum in the market for Gold
2- Investors reached kept building the portifolio
3-Waiting for the catalyser or the trigger scenarios
2022 The trending momentum engaged in GOLD:
1-The trigger, the Ukraine invasion climate #January
2- The invansion in Ukraine confirmed in this February...
3- The invansion created the "no way "...
