Volumetrend

BRIAN XAUUSD – GOLD REJECTS 4,400, WEEKLY DIRECTION NOW DEPENDS BRIAN XAUUSD – GOLD REJECTS 4,400, WEEKLY DIRECTION NOW DEPENDS ON 4,350 Gold has started the week in a sensitive position after failing to break above the 4,400 area. The recovery from the recent six-week low is losing momentum, and the chart is now showing a clear decision structure around 4,350 - 4,360. Fundamentally, gold is being pulled in two directions. Geopolitical risk is rising again, which can support safe-haven demand, but the US dollar is no longer correcting aggressively. At the

by BrianLionCapital

BRIAN XAUUSD – GOLD HOLDS VALUE BEFORE NEXT MOVE BRIAN XAUUSD – GOLD HOLDS VALUE BEFORE NEXT MOVE Gold is still trading inside a sensitive value area after the recent recovery attempt from the lower structure. The macro background remains mixed. Gold recently received support from weaker oil prices and softer US Treasury yields, which reduced some upside pressure on the US dollar. However, the Fed’s September policy stance remains restrictive, and that keeps the market careful. When gold is supported by weaker yields but still capped by Fed

by BrianLionCapital