🔔🔔🔔Gold news:
➡️ Gold attempted to attract buyers above $3,350 during Wednesday's Asian session. Despite upbeat U.S. JOLTS economic data, the U.S. dollar failed to maintain its strength. Several factors contributed to gold's rebound: expectations of a Federal Reserve rate cut, concerns over U.S. fiscal stability, and rising U.S.-China trade tensions, all of which broadly pressured the greenback and supported the precious metal. Additionally, persistent geopolitical risks continued to drive demand for gold as a safe-haven asset.
Personal opinion:
➡️There are many factors supporting the bullish momentum of gold. Therefore, Gold prices will continue to rise today, heading towards 3400.
➡️ Analysis based on important support resistance and Fibonacci levels combined with EMA to come up with a suitable strategy
Personal plan:
🔆Price Zone Setup:
👉Buy Gold 3347 - 3350
❌SL: 3343 | ✅TP: 3354 - 3359 – 3365
👉Sell Gold 3396 - 3399 (Scalping)
❌SL: 3403 | ✅TP: 3392 - 3387
FM wishes you a successful trading day 💰💰💰
➡️ Gold attempted to attract buyers above $3,350 during Wednesday's Asian session. Despite upbeat U.S. JOLTS economic data, the U.S. dollar failed to maintain its strength. Several factors contributed to gold's rebound: expectations of a Federal Reserve rate cut, concerns over U.S. fiscal stability, and rising U.S.-China trade tensions, all of which broadly pressured the greenback and supported the precious metal. Additionally, persistent geopolitical risks continued to drive demand for gold as a safe-haven asset.
Personal opinion:
➡️There are many factors supporting the bullish momentum of gold. Therefore, Gold prices will continue to rise today, heading towards 3400.
➡️ Analysis based on important support resistance and Fibonacci levels combined with EMA to come up with a suitable strategy
Personal plan:
🔆Price Zone Setup:
👉Buy Gold 3347 - 3350
❌SL: 3343 | ✅TP: 3354 - 3359 – 3365
👉Sell Gold 3396 - 3399 (Scalping)
❌SL: 3403 | ✅TP: 3392 - 3387
FM wishes you a successful trading day 💰💰💰
Trade active
personal plan :
Hit + 170 pips from Buy 3348
setup successful
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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.