Gold News:
🔆Surge in US inflation dampens chances of Fed rate cut
🔆Solid US CPI could support dollar, ease tensions from Washington
🔆Federal Reserve Chairman Jerome Powell says policy needs to remain accommodative amid rising inflationary pressures and US President Donald Trump's tariff threats, signaling a more dovish Fed in the future
Analysis:
🔆Based on rising trend lines combined with support-resistance zones and Fibonacci
Plan:
🔆Price Zone Setup:
👉Buy Gold 2905 -2907 (European session)
❌SL: 2900 | ✅TP: 2912 - 2918 – 2925
👉Sell Gold 2943 -2945
❌SL: 2950 | ✅TP: 2938 - 2932 – 2925
👉Buy Gold 2883 -2885
❌SL: 2877 | ✅TP: 2890 - 2895 – 2900
Thank you for reading FM news.
🔆Surge in US inflation dampens chances of Fed rate cut
🔆Solid US CPI could support dollar, ease tensions from Washington
🔆Federal Reserve Chairman Jerome Powell says policy needs to remain accommodative amid rising inflationary pressures and US President Donald Trump's tariff threats, signaling a more dovish Fed in the future
Analysis:
🔆Based on rising trend lines combined with support-resistance zones and Fibonacci
Plan:
🔆Price Zone Setup:
👉Buy Gold 2905 -2907 (European session)
❌SL: 2900 | ✅TP: 2912 - 2918 – 2925
👉Sell Gold 2943 -2945
❌SL: 2950 | ✅TP: 2938 - 2932 – 2925
👉Buy Gold 2883 -2885
❌SL: 2877 | ✅TP: 2890 - 2895 – 2900
Thank you for reading FM news.
Trade closed: target reached
If you kept the order open during the Asian session this morning, you would have made a profit of +80 pips.Note
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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
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.