✅Smart Money Concept
Gold price (XAU/USD) reached a fresh one-month high during Thursday’s Asian session but struggled to sustain momentum above the $2,700 mark. Diminished worries over U.S. President-elect Donald Trump's proposed trade tariffs and the anticipation of two potential Federal Reserve rate cuts this year have fueled positive market sentiment. However, a slight uptick in the U.S. Dollar (USD) has constrained further gains for the safe-haven asset.
SET UP GOLD PRICE:
BUY GOLD zone: $2678.479 - $2673.696 SL $2668.682
TP1: $2684.471
TP2: $2690.235
TP3: $2696.253
SELL GOLD zone: $2719.730 - $2723.622 SL $2729.470
TP1: $2713.175
TP2: $2706.151
TP3: $2699.870
Note:
FrankFx advises traders to manage their capital wisely:
- Adjust the number of lots to match your capital.
- Set Take Profit at 3-6% of your account balance.
- Set Stop Loss at 2-3% of your account balance.
Gold price (XAU/USD) reached a fresh one-month high during Thursday’s Asian session but struggled to sustain momentum above the $2,700 mark. Diminished worries over U.S. President-elect Donald Trump's proposed trade tariffs and the anticipation of two potential Federal Reserve rate cuts this year have fueled positive market sentiment. However, a slight uptick in the U.S. Dollar (USD) has constrained further gains for the safe-haven asset.
SET UP GOLD PRICE:
BUY GOLD zone: $2678.479 - $2673.696 SL $2668.682
TP1: $2684.471
TP2: $2690.235
TP3: $2696.253
SELL GOLD zone: $2719.730 - $2723.622 SL $2729.470
TP1: $2713.175
TP2: $2706.151
TP3: $2699.870
Note:
FrankFx advises traders to manage their capital wisely:
- Adjust the number of lots to match your capital.
- Set Take Profit at 3-6% of your account balance.
- Set Stop Loss at 2-3% of your account balance.
Trade active
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✅AI GOLD INDICES AND FOREX SIGNALS
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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.
✅JOIN FREE SIGNALS t.me/frankfxforextrade
✅ AUTOMATED BOT: bot.frankfxx.com
✅AI CRYPTO SIGNAL:crypto.frankfxx.com
✅STORE:selar.com/m/ukwuezefrankfx
✅AI GOLD INDICES AND FOREX SIGNALS
trade.frankfxx.com
✅ AUTOMATED BOT: bot.frankfxx.com
✅AI CRYPTO SIGNAL:crypto.frankfxx.com
✅STORE:selar.com/m/ukwuezefrankfx
✅AI GOLD INDICES AND FOREX SIGNALS
trade.frankfxx.com
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.