Gold Spot / U.S. Dollar
Long
Updated

Maintain steady growth in the 3290 - 3367 range today

69
🔔🔔🔔Gold news:

➡️ Gold held steady during Asian trading on Tuesday, remaining below the $3,350 mark. Optimism stemming from Trump's decision to delay tariffs on the EU acts as a headwind for the safe-haven metal. However, lingering U.S.-China trade risks, ongoing geopolitical concerns, expectations of Federal Reserve rate cuts, and the broad weakening U.S. dollar continued to provide support and limit further losses.

Personal opinion:
➡️ Gold price remains stable within the trend line and is firmly protected above 3300. The upward momentum is still maintained, however, today there is little information that strongly affects the gold price, so this metal moves below the 3367 area and remains within the trend line

➡️ Analysis based on important support and resistance levels and Fibonacci combined with EMA to come up with a suitable strategy

Personal plan:
🔆Price Zone Setup:

👉Buy Gold 3363 - 3366
❌SL: 3185 | ✅TP: 3196 - 3200 – 3205

👉Sell Gold 3293 - 3296
❌SL: 3289 | ✅TP: 3300 - 3305 – 3310

FM wishes you a successful trading day 💰💰💰
Trade active
snapshot

personal plan
Hit + 170 pips from Buy 3293
Great
Successful plan

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.