🗞News side:
1.PPI has fallen for three consecutive months
2. Russia-Ukraine talks are ongoing
3. Powell says the era of long-term low interest rates is over
📈Technical aspects:
Gold rebounded from oversold in the European session, hitting a low of 3120 before pulling back and rising. After a second retracement to confirm 3130, it made a V-shaped reversal. Currently, gold is still testing the 3190-3200 resistance line. Before breaking the resistance range, gold may still usher in a second bottom detection
🎁SELL 3190-3200, SL 3210, TP 3170-3160
If you agree with this view, or have a better idea, please leave a message in the comment area. I look forward to hearing different voices.
XAUUSD
XAUUSD
GOLD
XAUUSD
XAUUSD
1.PPI has fallen for three consecutive months
2. Russia-Ukraine talks are ongoing
3. Powell says the era of long-term low interest rates is over
📈Technical aspects:
Gold rebounded from oversold in the European session, hitting a low of 3120 before pulling back and rising. After a second retracement to confirm 3130, it made a V-shaped reversal. Currently, gold is still testing the 3190-3200 resistance line. Before breaking the resistance range, gold may still usher in a second bottom detection
🎁SELL 3190-3200, SL 3210, TP 3170-3160
If you agree with this view, or have a better idea, please leave a message in the comment area. I look forward to hearing different voices.
Profit is the fundamental purpose of trading! Continuously release free trading signals to lead members to profit up to 500%
Free communication channel: t.me/Allenview
Free communication channel: t.me/Allenview
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.
Profit is the fundamental purpose of trading! Continuously release free trading signals to lead members to profit up to 500%
Free communication channel: t.me/Allenview
Free communication channel: t.me/Allenview
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.