🔔🔔🔔Gold news:
➡️ Gold (XAU/USD) edged lower to around $3,217 during early Asian trading on Tuesday. The precious metal remains under pressure due to a stronger US dollar, rising US Treasury yields, and optimism surrounding the US-China trade deal.
➡️ Improved risk sentiment following the announcement of a temporary agreement between the US and China to reduce tariffs has weighed on safe-haven assets like gold. The new measures will be in effect for 90 days.
Personal opinion:
➡️ Gold prices will maintain their downward momentum today following the impact of positive US-China tariff negotiations. and wait for CPI news from early this afternoon.
➡️ Analysis based on important resistance - support and Fibonacci levels combined with EMA to come up with a suitable strategy
Plan:
🔆Price Zone Setup:
👉Buy Gold 3293 - 3296
❌SL: 3285 | ✅TP: 3297 - 3303 – 3310
👉Sell Gold 3202 - 3205
❌SL: 3198 | ✅TP: 3209 - 3214 – 3220
FM wishes you a successful trading day 💰💰💰
➡️ Gold (XAU/USD) edged lower to around $3,217 during early Asian trading on Tuesday. The precious metal remains under pressure due to a stronger US dollar, rising US Treasury yields, and optimism surrounding the US-China trade deal.
➡️ Improved risk sentiment following the announcement of a temporary agreement between the US and China to reduce tariffs has weighed on safe-haven assets like gold. The new measures will be in effect for 90 days.
Personal opinion:
➡️ Gold prices will maintain their downward momentum today following the impact of positive US-China tariff negotiations. and wait for CPI news from early this afternoon.
➡️ Analysis based on important resistance - support and Fibonacci levels combined with EMA to come up with a suitable strategy
Plan:
🔆Price Zone Setup:
👉Buy Gold 3293 - 3296
❌SL: 3285 | ✅TP: 3297 - 3303 – 3310
👉Sell Gold 3202 - 3205
❌SL: 3198 | ✅TP: 3209 - 3214 – 3220
FM wishes you a successful trading day 💰💰💰
Trade active
Gold edged up to around $3,265 in early European trading on Tuesday as sellers were cautious and largely stayed on the sidelines ahead of the U.S. April Consumer Price Index (CPI) report due later in the day. However, optimism surrounding an interim U.S.-China tariff deal could limit the precious metal’s gains.FM's personal plan update:
👉Buy Gold 3215 - 3218 (Scalping)
❌SL: 3212 | ✅TP: 3221 - 3225 – 3230
👉Sell Gold 3277 - 3280
❌SL: 3283 | ✅TP: 3273 - 3269 – 3265
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✅ t.me/+Y9T5_BwC7_JhMWM1
Join now !!!!
Channel: signals - knowledge and FOREX comments
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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.