Pullback and continued uptrend

97
🔔🔔🔔Gold news:

➡️ Gold prices surged to around $3,389 during early Asian trading on Monday before pulling back to $3,351. The escalation of tensions following a U.S. bombing of Iran's nuclear facilities boosted demand for the precious metal.

➡️ Meanwhile, the Fed's Waller indicated that the central bank is prepared to begin cutting interest rates as early as July.

Personal opinion:
➡️ Gold prices have fallen to the Pullback 3350 zone. However, this is a sign of gaining momentum for an upcoming uptrend.

➡️ Analysis based on support resistance levels and trend lines combined with basic information to come up with a suitable strategy

Personal plan:
🔆Price Zone Setup:

👉Buy Gold 3344 - 3341
❌SL: 3337 | ✅TP: 3348 - 3353 – 3358

👉Sell Gold 3397 - 3400
❌SL: 3404 | ✅TP: 3393- 3388 – 3383

FM wishes you a successful trading day 💰💰💰

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