🔔🔔🔔Gold news:
➡️ Gold prices continued to decline as Trump pushed for Israel and Iran to honor the ceasefire agreement.
➡️ Meanwhile, Fed Chair Jerome Powell reiterated that the U.S. economy remains "solid" as he began his two-day semiannual testimony before Congress.
➡️ XAU/USD is hovering around the $3,300 mark, with risk-on sentiment dominating the market following the ceasefire deal.
Personal opinion:
➡️ The downtrend is still strong as the sellers dominate thanks to positive information from the Middle East and the hawkish policy of the US. This selling pressure will continue in the coming time.
➡️ Analysis based on important support resistance and Fibonacci levels combined with trend lines to come up with a suitable strategy
Personal plan:
🔆Price Zone Setup:
👉Buy Gold 3274 - 3277
❌SL: 3270 | ✅TP: 3282 - 3287 – 3292
👉Sell Gold 3328 - 3331 (Scalping)
❌SL: 3335 | ✅TP: 3324 - 3320
FM wishes you a successful trading day 💰💰💰
➡️ Gold prices continued to decline as Trump pushed for Israel and Iran to honor the ceasefire agreement.
➡️ Meanwhile, Fed Chair Jerome Powell reiterated that the U.S. economy remains "solid" as he began his two-day semiannual testimony before Congress.
➡️ XAU/USD is hovering around the $3,300 mark, with risk-on sentiment dominating the market following the ceasefire deal.
Personal opinion:
➡️ The downtrend is still strong as the sellers dominate thanks to positive information from the Middle East and the hawkish policy of the US. This selling pressure will continue in the coming time.
➡️ Analysis based on important support resistance and Fibonacci levels combined with trend lines to come up with a suitable strategy
Personal plan:
🔆Price Zone Setup:
👉Buy Gold 3274 - 3277
❌SL: 3270 | ✅TP: 3282 - 3287 – 3292
👉Sell Gold 3328 - 3331 (Scalping)
❌SL: 3335 | ✅TP: 3324 - 3320
FM wishes you a successful trading day 💰💰💰
✅ t.me/+Y9T5_BwC7_JhMWM1
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Channel: signals - knowledge and FOREX comments
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Related publications
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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.
✅ 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.