🔔🔔🔔Gold news:
➡️ Gold resumed its upward momentum on Thursday, recovering from earlier losses that sent prices down to $3,350. Gold is currently hovering around $3,366 amid persistent geopolitical tensions, subdued trading conditions and a slightly stronger US dollar.
➡️ The precious metal remains range-bound as markets weigh the Federal Reserve’s data-driven stance against escalating geopolitical risks.
➡️ In addition, the US dollar paused its gains as President Trump met with his national security team to discuss possible next steps to resolve the Israel-Iran conflict.
➡️ XAU/USD continues to trade in a narrow range as investors await further developments in the Middle East.
Personal opinion:
➡️ In the short term, gold remains bearish following the Fed’s hawkish tone following the FOMC announcement. There is no strong news to the market today, so the price channel will remain within the trend line.
➡️ Analysis based on support resistance levels and trend lines combined with RSI to come up with a suitable strategy
➡️ Note: any news of war escalation can cause gold to continue its uptrend, so keep updated with war news.
Personal Plan:
🔆Price Zone Setup:
👉Buy Gold 3322 - 3325
❌SL: 3318 | ✅TP: 3329 - 3334 – 3340
👉Sell Gold 3378 - 3381 (Scalping)
❌SL: 3385 | ✅TP: 3374 - 3370 – 3365
FM wishes you a successful trading day 💰💰💰
➡️ Gold resumed its upward momentum on Thursday, recovering from earlier losses that sent prices down to $3,350. Gold is currently hovering around $3,366 amid persistent geopolitical tensions, subdued trading conditions and a slightly stronger US dollar.
➡️ The precious metal remains range-bound as markets weigh the Federal Reserve’s data-driven stance against escalating geopolitical risks.
➡️ In addition, the US dollar paused its gains as President Trump met with his national security team to discuss possible next steps to resolve the Israel-Iran conflict.
➡️ XAU/USD continues to trade in a narrow range as investors await further developments in the Middle East.
Personal opinion:
➡️ In the short term, gold remains bearish following the Fed’s hawkish tone following the FOMC announcement. There is no strong news to the market today, so the price channel will remain within the trend line.
➡️ Analysis based on support resistance levels and trend lines combined with RSI to come up with a suitable strategy
➡️ Note: any news of war escalation can cause gold to continue its uptrend, so keep updated with war news.
Personal Plan:
🔆Price Zone Setup:
👉Buy Gold 3322 - 3325
❌SL: 3318 | ✅TP: 3329 - 3334 – 3340
👉Sell Gold 3378 - 3381 (Scalping)
❌SL: 3385 | ✅TP: 3374 - 3370 – 3365
FM wishes you a successful trading day 💰💰💰
Trade active
Complete the original planTrade closed: target reached
The plan is still sticking to the trend line, completing the original plan.
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✅ t.me/+Y9T5_BwC7_JhMWM1
Join now !!!!
Channel: signals - knowledge and FOREX comments
Join now !!!!
Channel: signals - knowledge and FOREX comments
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.