GOLD - The bulls are gradually regaining their position
Updated
Gold prices have been trading in a narrow range of $1,950-1,980 for almost a week.
This comes after the prices dropped below $2,000 level due to the uncertainty around the US default.
Copper prices have hit a six-month low due to weakening demand and global manufacturing activity.
The metals market has been under pressure as the US dollar has strengthened, with traders speculating that the Federal Reserve will maintain higher interest rates this year.
BUY GOLD zone 1967 - 1965
Stoploss: 1960
Take Profit 1: 1972
Take Profit 2: 1978
Take Profit 3: 1983
Note : TP, SL full to be safe and win the market !
This comes after the prices dropped below $2,000 level due to the uncertainty around the US default.
Copper prices have hit a six-month low due to weakening demand and global manufacturing activity.
The metals market has been under pressure as the US dollar has strengthened, with traders speculating that the Federal Reserve will maintain higher interest rates this year.
BUY GOLD zone 1967 - 1965
Stoploss: 1960
Take Profit 1: 1972
Take Profit 2: 1978
Take Profit 3: 1983
Note : TP, SL full to be safe and win the market !
Note
BUY +40pips✅✅✅
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