🔔🔔🔔Gold news:
➡️ Gold prices jumped to a more than five-month high near $3,425 during Asian trading hours on Friday. The precious metal was supported by rising geopolitical tensions in the Middle East and growing expectations of a Federal Reserve interest rate cut.
➡️ Trade war headlines added fuel to the fire as President Trump said he was willing to extend the July 8 deadline to complete trade talks but also warned that he was prepared to impose unilateral tariffs on some trading partners within two weeks.
Personal opinion:
➡️ Gold prices now have a lot of momentum to increase, the uptrend has formed.
➡️ Analysis based on important support resistance levels and Fibonacci combined with RSI to come up with a suitable strategy
Personal Plan:
🔆Price Zone Setup:
👉Buy Gold 3400 - 3397
❌SL: 3394 | ✅TP: 3405 - 3410 – 3415
👉Sell Gold 3457 - 3460 (Scalping)
❌SL: 3464 | ✅TP: 3453 - 3448 – 3443
FM wishes you a successful trading day 💰💰💰
➡️ Gold prices jumped to a more than five-month high near $3,425 during Asian trading hours on Friday. The precious metal was supported by rising geopolitical tensions in the Middle East and growing expectations of a Federal Reserve interest rate cut.
➡️ Trade war headlines added fuel to the fire as President Trump said he was willing to extend the July 8 deadline to complete trade talks but also warned that he was prepared to impose unilateral tariffs on some trading partners within two weeks.
Personal opinion:
➡️ Gold prices now have a lot of momentum to increase, the uptrend has formed.
➡️ Analysis based on important support resistance levels and Fibonacci combined with RSI to come up with a suitable strategy
Personal Plan:
🔆Price Zone Setup:
👉Buy Gold 3400 - 3397
❌SL: 3394 | ✅TP: 3405 - 3410 – 3415
👉Sell Gold 3457 - 3460 (Scalping)
❌SL: 3464 | ✅TP: 3453 - 3448 – 3443
FM wishes you a successful trading day 💰💰💰
Trade active
trend still according to original planTrade closed: target reached
Gold's rally remains intact, fueled by news of escalating conflict in the Middle East and weak US economic data that could prompt the Fed to cut interest rates soon. The 3,500 zone will be tested again next week.
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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.