🔔🔔🔔Gold news:
➡️Gold prices surged from the 3350 area to around $3,375, supported by renewed selling pressure on the U.S. dollar following the release of disappointing ADP and PMI data from the United States.
➡️Meanwhile, U.S. President Donald Trump and Chinese President Xi Jinping continued to trade accusations. Trump said it would be "extremely difficult" for Xi to reach a deal, while Chinese Foreign Minister Wang Yi urged the U.S. to "meet China halfway."
Personal opinion:
➡️ Gold prices will continue to rise after bad news from the U.S. economy. In addition, President Trump's move to increase tariffs further complicates the situation.
➡️ Analysis based on important support resistance and Fibonacci levels combined with Dow Theory to come up with a suitable strategy
Personal Plan:
🔆Price Zone Setup:
👉Buy Gold 3365 - 3368
❌SL: 3361 | ✅TP: 3372 – 3377
👉Sell Gold 3400 - 3397 (Scalping)
❌SL: 3404 | ✅TP: 3393 – 3389
FM wishes you a successful trading day 💰💰💰
➡️Gold prices surged from the 3350 area to around $3,375, supported by renewed selling pressure on the U.S. dollar following the release of disappointing ADP and PMI data from the United States.
➡️Meanwhile, U.S. President Donald Trump and Chinese President Xi Jinping continued to trade accusations. Trump said it would be "extremely difficult" for Xi to reach a deal, while Chinese Foreign Minister Wang Yi urged the U.S. to "meet China halfway."
Personal opinion:
➡️ Gold prices will continue to rise after bad news from the U.S. economy. In addition, President Trump's move to increase tariffs further complicates the situation.
➡️ Analysis based on important support resistance and Fibonacci levels combined with Dow Theory to come up with a suitable strategy
Personal Plan:
🔆Price Zone Setup:
👉Buy Gold 3365 - 3368
❌SL: 3361 | ✅TP: 3372 – 3377
👉Sell Gold 3400 - 3397 (Scalping)
❌SL: 3404 | ✅TP: 3393 – 3389
FM wishes you a successful trading day 💰💰💰
Trade active
Personal plan:
Hit + 100 pips from sell 3400
setup successful
Trade closed: target reached
Personal plan:
Hit + 150 pips from Buy 3368
+70 pips from Buy 3365
setup successful
both buying and selling are profitable
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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.