XAU/USD, gold/US dollar, is showing signs of a potential drop in day trading. Technical indicators point to a bearish outlook, with the 50-day moving average crossing below the 200-day moving average and the RSI indicating overbought conditions. The US dollar's strength and the Federal Reserve's hawkish stance are pressuring gold prices. Day traders can consider shorting XAU/USD at key resistance levels, setting stop-loss orders, and staying informed on economic data and geopolitical events. Overall, XAU/USD is likely to drop in the short term, providing trading opportunities for those prepared to act.
Entry: 2309.12
SL: 2314.72
TP1: 2298.87
#signal #xauusd #gold #TradeGod #daytrading
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Trade God out
Entry: 2309.12
SL: 2314.72
TP1: 2298.87
#signal #xauusd #gold #TradeGod #daytrading
#forex
Like share and comment for more
Trade God out
Trade active
we are active lets make some moneyNote
should be a good Drop going into LondonNote
Tp2: 2295.55Note
we have already dropped to 2305 $$$ is piling up don't forget to set trailing sL
Note
🩸🩸🩸 lets go we are bleedingNote
closing in on tp1 lets see if we can get it... remember trailing SLTrade active
congrats tp1 hitNote
congrats tp2 hitTrade closed: target reached
congrats $$$$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.
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.