GOLD Gold prices regained some positive traction on Thursday and partially recovered overnight losses. The overall weaker risk bias favors the safe-haven GOLD, although the upside looks limited. The major hawkish central banks can prevent the bulls from betting heavily on the metal.
Gold prices came under pressure in the second half of Wednesday, with GOLD currently trading around 1,924$ after peaking earlier in the day at 1,935$ per troy ounce, a new weekly high. Worsening market sentiment boosted US Dollar demand ahead of Federal Open Market Committee (FOMC) Meeting Minutes.
Strategy and plan are ready, I hope we win by sell signal around 1921. My expectation is around 1910. Good day my dear ones.
Trade active
Has reached the entry point, and is getting 20pip
Trade active
SELL 1921 => 1916. +50pip 🟢🟢🟢
Trade closed: target reached
SELL 1922 => 1902. +200pip 🟢🟢🟢everything goes according to my plan, congrats to those who follow the signal
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