sell scalping
Updated
the first level of the song buying zones has been penetrated. Now we are selling, the target of the deal is mostly 2340 or 2335. Then after that we will continue the rise. everything this week remains related to the business data, but nevertheless we will take advantage of selling from the upcoming areas more than buying after the breach. We expect Strength for the US dollar this week, especially with the european central bank and the canadian central bank starting to reduce interest rates early, and this will reflect negatively on gold in light of the strength of the dollar.
as for the us interest rate decision, we will follow friday’s data and expect unemployment rates higher than 4.0. If this number exceeds it is possible that the fed will also start reducing, but most likely it will not reduce and the numbers will stabilize at 3.9 .
i will be calm and look for a sale for this week and next week only, and then we will resume buying the song several days after the meeting ends.
as for the us interest rate decision, we will follow friday’s data and expect unemployment rates higher than 4.0. If this number exceeds it is possible that the fed will also start reducing, but most likely it will not reduce and the numbers will stabilize at 3.9 .
i will be calm and look for a sale for this week and next week only, and then we will resume buying the song several days after the meeting ends.
Comment
the target has been hit. new selling areas will now be shared while the negative outlook for gold continues
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