🔔🔔🔔Gold news:
➡️ Gold (XAU/USD) edged lower on Monday, trading around $3,330 at the time of writing, as U.S. markets remained closed in observance of Memorial Day. This modest pullback followed President Donald Trump’s announcement on Sunday that his proposed 50% tariff on the European Union would be postponed until July 9, allowing more time for both sides to negotiate a deal.
Personal opinion:
➡️ This is just a minor correction, which does not mean that the precious metal’s rally is over. There are many factors that still support the gold rally. Therefore, gold will maintain its uptrend line and hold the 3300 level today.
➡️ Analysis based on important support resistance and Fibonacci levels combined with trend lines to come up with a suitable strategy
Personal Plan:
🔆Price Zone Setup:
👉Buy gold 3300 - 3303
❌SL: 3295 | ✅TP: 3307 – 3312 – 3317
👉Sell gold 3362 - 3365
❌SL: 3369| ✅TP: 3357 – 3352 - 3347
FM wishes you a successful trading day 💰💰💰
➡️ Gold (XAU/USD) edged lower on Monday, trading around $3,330 at the time of writing, as U.S. markets remained closed in observance of Memorial Day. This modest pullback followed President Donald Trump’s announcement on Sunday that his proposed 50% tariff on the European Union would be postponed until July 9, allowing more time for both sides to negotiate a deal.
Personal opinion:
➡️ This is just a minor correction, which does not mean that the precious metal’s rally is over. There are many factors that still support the gold rally. Therefore, gold will maintain its uptrend line and hold the 3300 level today.
➡️ Analysis based on important support resistance and Fibonacci levels combined with trend lines to come up with a suitable strategy
Personal Plan:
🔆Price Zone Setup:
👉Buy gold 3300 - 3303
❌SL: 3295 | ✅TP: 3307 – 3312 – 3317
👉Sell gold 3362 - 3365
❌SL: 3369| ✅TP: 3357 – 3352 - 3347
FM wishes you a successful trading day 💰💰💰
Trade active
The trend is still according to the original plan, currently the market is sideways and unlikely to fluctuate strongly.
✅ 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.
✅ 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.