GOLD: I'm looking forward to the gold trend today, December 20
Updated
Yesterday, gold prices rebounded to around 2033.5 after falling to support around 2015. Profits from closing short positions at 2030 USD were minimal. Currently, market expectations of the Fed cutting interest rates are fluctuating. Next, gold prices will still be under pressure from the Fed's operating expectations. The advantages will be limited and the disadvantages will also be limited because interest rate cuts are the general trend. In the short term, gold prices will mainly fluctuate so we can buy low and sell high within key ranges.
Today's gold trend I expect: Yesterday gold increased and still did not reach the old peak and key and it is still below the uptrend channel line of the daily frame, today I think gold will have another Gold may test the peak of 2048 if it surpasses 2048 then it will go up to 2051 or 2053 and then it will decrease and gold will start to move sideways, you should watch to sell in the 2051 to 2053 range.
Today's gold trend I expect: Yesterday gold increased and still did not reach the old peak and key and it is still below the uptrend channel line of the daily frame, today I think gold will have another Gold may test the peak of 2048 if it surpasses 2048 then it will go up to 2051 or 2053 and then it will decrease and gold will start to move sideways, you should watch to sell in the 2051 to 2053 range.
Note
💵 SELL XAUUSD 2039 - 2041 🪙🪙🪙💲TP1 2035
💲TP2 2030
🔴 SL 2047
Note
💵AUDCAD SELL 0.90370💵❌SL 0.90625
✔️TP 0.90160
✔️TP 0.90000
Note
💵 SELL XAUUSD 2039 - 2041 🪙🪙🪙💲TP1 2035
💲TP2 2030
🔴 SL 2047
Runing + 60pips
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