Gold Spot / U.S. Dollar
Short
Updated

Middle East ceasefire and hawkish Fed policy dominate markets

106
🔔🔔🔔Gold news:

➡️ President Donald Trump brokered a ceasefire between Israel and Iran through talks with Israeli Prime Minister Benjamin Netanyahu on Monday, while his team — including Vice President JD Vance — negotiated with Tehran, according to a senior White House official. The move sent gold prices tumbling, sending prices to $3,333.

➡️ In addition, the Federal Reserve’s hawkish stance has further strengthened the U.S. dollar and contributed to capital outflows from the non-yielding yellow metal.

Personal opinion:
➡️ Positive U.S. geopolitical and financial news are keeping gold prices down in Asia. This positive tone may cause the old gold to continue to decline and retest the 3307 area.

➡️ Analysis based on support resistance levels and SMA combined with the trend line huogn71 to come up with a suitable strategy

Personal Plan:
🔆Price Zone Setup:

👉Buy Gold 3307 - 3304
❌SL: 3299 | ✅TP: 3311 - 33315 – 3320

👉Sell Gold 3387 - 3390
❌SL: 3394 | ✅TP: 3383 - 3378 – 3372

FM wishes you a successful trading day 💰💰💰
Trade active
snapshot

personal plan:
Hit max profit + 135 pips from Buy 3304
setup successful
Trade closed: target reached
Price trends and moves are quite accurate compared to the original plan

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