$XAU - Reacting to Missiles
Обновлено
'Stray' Russian Missiles is reported to have hit Poland,
a country within NATO's union.
Two people are reported dead from Poland's official sources.
Government spokesman said teams of experts are clarifying the situation and will work on all night to clear the details of what he called a “serious” situation.
He added that Poland, which is in touch with NATO partners and US counterparts, is increasing the combat readiness of some units in the country.
For now, It remains unclear where the projectiles came from, but they landed in the NATO member’s, and that's enough to cause ruckus.
And that's enough to make Gold react positively on price action from the news alone, as this increases Geo Political risks on the region.
Moreover, jumping in to TA,
XAU has just recently performed a resistance trendline breakout and currently is flirting with 200EMA on the Daily time frame.
Considering a 5 wave impulse, where the first impulse is speculated to have been the trendline breakout,XAU is not sitting at good buying price for now on the short term,
so don't get hyped on the news to add this trade on your trading positions.
Be patient !
Looking for LONG opportunities on Gold at wave 2, correction of wave 1 break-out impulse
TRADE SAFE
Note that this is not Financial Advice!
Please do your own research or consult your financial advisor before partaking any trading activity based soly on this idea.
a country within NATO's union.
Two people are reported dead from Poland's official sources.
Government spokesman said teams of experts are clarifying the situation and will work on all night to clear the details of what he called a “serious” situation.
He added that Poland, which is in touch with NATO partners and US counterparts, is increasing the combat readiness of some units in the country.
For now, It remains unclear where the projectiles came from, but they landed in the NATO member’s, and that's enough to cause ruckus.
And that's enough to make Gold react positively on price action from the news alone, as this increases Geo Political risks on the region.
Moreover, jumping in to TA,
XAU has just recently performed a resistance trendline breakout and currently is flirting with 200EMA on the Daily time frame.Considering a 5 wave impulse, where the first impulse is speculated to have been the trendline breakout,
XAU is not sitting at good buying price for now on the short term,so don't get hyped on the news to add this trade on your trading positions.
Be patient !
Looking for LONG opportunities on Gold at wave 2, correction of wave 1 break-out impulse
TRADE SAFE
Note that this is not Financial Advice!
Please do your own research or consult your financial advisor before partaking any trading activity based soly on this idea.
Заметка
Gold's reaction to Missiles
5Minutes TF
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