🔔🔔🔔Gold news:
➡️ Gold extends gains, up more than 4% in just two trading sessions.
➡️ Geopolitical risks stemming from the Trump administration, currency turmoil in Asia and tensions over Israel are driving investors back into gold.
➡️ Bullish risks remain on multiple fronts, keeping gold's strong momentum going
Personal opinion:
➡️ Gold is approaching 3400 and there are many drivers pushing gold prices to ATH 3500, which could happen soon. Earlier in the US trading session, we could see gold prices at 3318
➡️ Analysis based on resistance - support levels and pivot points combined with trend lines to come up with a suitable strategy
Plan:
🔆Setting price zone:
👉Sell gold 3418- 3421
❌SL: 3425 | ✅TP: 3414 - 3410 – 3405
FM wishes you a successful trading day 💰💰💰
➡️ Gold extends gains, up more than 4% in just two trading sessions.
➡️ Geopolitical risks stemming from the Trump administration, currency turmoil in Asia and tensions over Israel are driving investors back into gold.
➡️ Bullish risks remain on multiple fronts, keeping gold's strong momentum going
Personal opinion:
➡️ Gold is approaching 3400 and there are many drivers pushing gold prices to ATH 3500, which could happen soon. Earlier in the US trading session, we could see gold prices at 3318
➡️ Analysis based on resistance - support levels and pivot points combined with trend lines to come up with a suitable strategy
Plan:
🔆Setting price zone:
👉Sell gold 3418- 3421
❌SL: 3425 | ✅TP: 3414 - 3410 – 3405
FM wishes you a successful trading day 💰💰💰
Trade active
Personal plan:
Hit + 75 pips from Sell 3418
Great
Trade closed: target reached
Investors are likely to stay on the sidelines and wait for the upcoming FOMC meeting, which will then determine the next direction. Gold prices could gain momentum if the Fed cuts interest rates in June due to concerns about the economic outlook or vice versa. Therefore, the market will fluctuate slightly today until the news is announced.
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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.