🔔🔔🔔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 💰💰💰
➡️ 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 💰💰💰
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✅ 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.