🔔🔔🔔Gold news:
➡️ Gold extended its gains past the $3,300 mark on Wednesday, supported by broad weakness in the US dollar (USD). The XAU/USD pair reached a new one-week high of $3,345. The USD continued to decline amid unresolved global trade issues and fresh concerns over tariffs.
➡️ A few weeks ago, the United States announced a 90-day pause on retaliatory tariffs, which temporarily eased anxiety and boosted risk appetite in financial markets. However, with no agreements reached, rising tensions between the US and countries like China and Japan are weighing on market sentiment.
➡️ Meanwhile, President Donald Trump's tax bill is progressing through Congress. The bill aims to make permanent the 2017 tax cuts enacted during his first term, involving both tax reductions and increases, along with adjustments to government spending. The House of Representatives is scheduled to discuss the bill on Thursday.
Personal opinion:
➡️ Gold's uptrend has expanded and shows no signs of stopping, gold will continue to maintain its uptrend and wait for moves from US PMI news
➡️ Analysis based on important resistance - support levels and Fibonacci combined with EMA to come up with a suitable strategy
Personal plan:
🔆Price Zone Setup:
👉Buy Gold 3282 - 3285
❌SL: 3185 | ✅TP: 3196 - 3200 - 3205
👉Sell Gold 3362 - 3365
❌SL: 3369 | ✅TP: 3357 - 3352 - 3347
FM wishes you a successful trading day 💰💰💰
➡️ Gold extended its gains past the $3,300 mark on Wednesday, supported by broad weakness in the US dollar (USD). The XAU/USD pair reached a new one-week high of $3,345. The USD continued to decline amid unresolved global trade issues and fresh concerns over tariffs.
➡️ A few weeks ago, the United States announced a 90-day pause on retaliatory tariffs, which temporarily eased anxiety and boosted risk appetite in financial markets. However, with no agreements reached, rising tensions between the US and countries like China and Japan are weighing on market sentiment.
➡️ Meanwhile, President Donald Trump's tax bill is progressing through Congress. The bill aims to make permanent the 2017 tax cuts enacted during his first term, involving both tax reductions and increases, along with adjustments to government spending. The House of Representatives is scheduled to discuss the bill on Thursday.
Personal opinion:
➡️ Gold's uptrend has expanded and shows no signs of stopping, gold will continue to maintain its uptrend and wait for moves from US PMI news
➡️ Analysis based on important resistance - support levels and Fibonacci combined with EMA to come up with a suitable strategy
Personal plan:
🔆Price Zone Setup:
👉Buy Gold 3282 - 3285
❌SL: 3185 | ✅TP: 3196 - 3200 - 3205
👉Sell Gold 3362 - 3365
❌SL: 3369 | ✅TP: 3357 - 3352 - 3347
FM wishes you a successful trading day 💰💰💰
Trade active
Personal plan
Hit max profit + 270 pips from sell 3365
Big profit
Trade closed: target reached
The plan is quite accurate.
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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.