XAUUSD DAILY BIAS : M.I.X.E.D but tilted toward B.EA.R.I.S.H. 🤹

🔱 GOLD TRADE IDEA 🔱

BIAS: Bearish

FUNDAMENTAL BIAS: Bearish
The strength in the USD is likely to spill over following the reaffirmation of a faster pace towards hiking interest rates to counter the relentless rise in inflation.
Golds outlook is sandwiched between the heightened pace towards policy normalisation by central banks and the war in eastern Europe.

TECHNICAL BIAS: Bearish

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247 pips