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GOLD | Are we witnessing the formation of a new trendline?

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Ladies and gentlemen, it might be it. Maybe we're at the beginning of the formation of a new trendline? Many things are affecting Gold right now. In particular, not the most comforting news from the Ukraine-Russia war.

It also seems to me that many are now starting to jump into short positions, thinking that there should be a retracement, which on the contrary helps institutional players to fuel the growth up.

By the way, there is also a possibility that everything is the other way around, and the potentially expected growth will lead to a giant fall, but what is the probability of this?

I open the 9th position, long with 70% probability.
Opening: 2665
TP: 2675
SL: 2510

Despite everything global and possible speculations, whatever happens with gold, I think the overall mood is bullish right now and will keep being so.

Do NOT use all the capital under any circumstances!
Be careful and let's watch!
أغلقت الصفقة: تم الوصول للهدف
9th square is now green too. Waited way too long for this, but Win is a Win!

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