#XAUUSD - CURRENT SITUATION 1D TIMEFRAME 🎀
Gold is showing us strong signs of clear breakout around 4100 - 4110 resistance as the middle east tensions are again rising. Although china bought 23 tons of gold consecutively for third time which created huge demand.
Till now picture is unclear, situation is worst than before, war between US & Iran, Inflation, Interest rate are the couple are factors that created huge uncertainty.
Ideal strategy would be to take less risk or avoid trading.
tradesbykk