🔔🔔🔔Gold news:
➡️Gold prices declined for a third consecutive day on Friday amid a combination of bearish factors. Optimism surrounding the US-UK trade deal and upcoming US-China negotiations weakened demand for safe-haven assets. Meanwhile, the Federal Reserve’s hawkish pause boosted the US Dollar to its highest level in weeks, adding further pressure on the XAU/USD pair.
Personal opinion:
➡️ Gold prices show a more gradual correction after breaking down the over-weighted price zones, and will continue to maintain this selling pressure in the short term. and wait for the market’s reaction tomorrow to the US-China trade talks
➡️Analysis based on important resistance - support and Fibonacci levels combined with trend lines to come up with a suitable strategy
Personal plan:
🔆Price Zone Setup:
👉Sell Gold 3324 - 3327
❌SL: 3331 | ✅TP: 3320 -3315- 3310
👉Sell Gold 3223 - 3226
❌SL: 3219 | ✅TP: 3230 -3235- 3240
FM wishes you a successful trading day 💰💰💰
➡️Gold prices declined for a third consecutive day on Friday amid a combination of bearish factors. Optimism surrounding the US-UK trade deal and upcoming US-China negotiations weakened demand for safe-haven assets. Meanwhile, the Federal Reserve’s hawkish pause boosted the US Dollar to its highest level in weeks, adding further pressure on the XAU/USD pair.
Personal opinion:
➡️ Gold prices show a more gradual correction after breaking down the over-weighted price zones, and will continue to maintain this selling pressure in the short term. and wait for the market’s reaction tomorrow to the US-China trade talks
➡️Analysis based on important resistance - support and Fibonacci levels combined with trend lines to come up with a suitable strategy
Personal plan:
🔆Price Zone Setup:
👉Sell Gold 3324 - 3327
❌SL: 3331 | ✅TP: 3320 -3315- 3310
👉Sell Gold 3223 - 3226
❌SL: 3219 | ✅TP: 3230 -3235- 3240
FM wishes you a successful trading day 💰💰💰
Trade active
Personal plan
Hit + 140 pips from Buy 3223
Great
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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.