🔔🔔🔔Gold news:
➡️ Gold prices eased slightly from the nearly four-week high of $3,392 reached during Tuesday’s Asian session, though any significant corrective decline remains elusive. Rising geopolitical and trade tensions are likely to continue supporting the safe-haven appeal of bullion. Additionally, expectations of Federal Reserve rate cuts are expected to cap any meaningful rebound in the U.S. dollar.
Personal opinion:
➡️ Gold is having a slight correction after entering overbought territory, so watch for technical pullbacks to buy at good prices. The uptrend is still strong, so the next target will be 3408.
➡️ Analysis based on support resistance levels and pivot points combined with EMA to come up with a suitable strategy
Personal plan:
🔆Price Zone Setup:
👉Sell Gold 3408 - 3411
❌SL: 3414 | ✅TP: 3404 - 3400 – 3395
👉Buy Gold 3347 - 3350
❌SL: 3343 | ✅TP: 3354 - 3359 – 3364
FM wishes you a successful trading day 💰💰💰
➡️ Gold prices eased slightly from the nearly four-week high of $3,392 reached during Tuesday’s Asian session, though any significant corrective decline remains elusive. Rising geopolitical and trade tensions are likely to continue supporting the safe-haven appeal of bullion. Additionally, expectations of Federal Reserve rate cuts are expected to cap any meaningful rebound in the U.S. dollar.
Personal opinion:
➡️ Gold is having a slight correction after entering overbought territory, so watch for technical pullbacks to buy at good prices. The uptrend is still strong, so the next target will be 3408.
➡️ Analysis based on support resistance levels and pivot points combined with EMA to come up with a suitable strategy
Personal plan:
🔆Price Zone Setup:
👉Sell Gold 3408 - 3411
❌SL: 3414 | ✅TP: 3404 - 3400 – 3395
👉Buy Gold 3347 - 3350
❌SL: 3343 | ✅TP: 3354 - 3359 – 3364
FM wishes you a successful trading day 💰💰💰
Trade active
down to 3351 and bounced to 3365couldn't match the buy zone 3350 what a pity
missed 140 pips profit
update buy plan:
👉Buy Gold 3346 - 3349
❌SL: 3342 | ✅TP: 3353 - 3358 – 3363
Trade closed: target reached
update buy plan
Hit + 140 pips from Buy 3349
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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.