📌 Bearish drivers
Gold prices (XAU/USD) rebounded from a multi-day low in early Asian trading, and are now at the psychological level of $3,300. Ongoing geopolitical uncertainties, including the Russia-Ukraine conflict, heightened tensions in the Middle East, and renewed frictions on the India-Pakistan border continue to support gold prices. Even so, improved risk sentiment appears to have limited gold's upside due to renewed optimism around the US-UK trade agreement and the launch of US-China tariff negotiations over the weekend.
📊Commentary and analysis
As tariff trade negotiations become more active, gold prices are facing huge selling pressure. Gold prices may return to the 3233 price range and continue to rise.
💰Strategy Package
🔥Sell Gold Zone: 3351-3353 SL 3358
TP1: $3340
TP2: $3330
TP3: $3320
🔥Buy Gold Zone: $3232 - $3234 SL $3227
TP1: $3245
TP2: $3260
TP3: $3270
⭐️ Note: Labaron hopes that traders can properly manage their funds
- Choose the number of lots that matches your funds
- Profit is 4-7% of the fund account
- Stop loss is 1-3% of the fund account
I share various trading signals every day, and real-time signals will be pushed flexibly according to market dynamics. Followers who follow me can get high returns every day. If you want stable returns, you can contact me
t.me/+arTT14Fe44tkMzAx
t.me/+arTT14Fe44tkMzAx
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.
I share various trading signals every day, and real-time signals will be pushed flexibly according to market dynamics. Followers who follow me can get high returns every day. If you want stable returns, you can contact me
t.me/+arTT14Fe44tkMzAx
t.me/+arTT14Fe44tkMzAx
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.