GOLD PLAN UPDATE: FOLLOW SELL
💯UPDATE DAILY GOLD PLAN November 7
👉 World gold prices dropped quite sharply as investors turned their attention to assets with higher risk such as stocks, in the context of the market waiting for a statement from the US Federal Reserve (Fed) organizations. this week, including Chairman Jerome Powell, to look for new signals on interest rates.
👉 The need for defense will gradually decrease when there are no new major escalation forums in the war between Israel and the Palestinian Hamas force. Investors are no longer interested in safe assets like gold as they were when the war first broke out in early October. Instead, they are attracted by the strong rise of the stock market, as evidenced by The US had the enhanced version of the 6-link chain arriving on Monday.
👉 A report by Heraeus Metals company stated that for gold prices to maintain a sustainable level of 2,000 USD/oz, two important catalysts are needed. The second is a signal that the Fed is rearranging its interest rate cuts, and the second is the net return of gold exchange-traded funds (ETFs).
👉 TECHNICAL COMMENTARY: Gold has developed through the rising price channel in the h4 frame and is finding deeper support areas. Priority order Sell before touching hardware 1950
👉Make a trading plan:
🔽 Sell Gold Zone: 1992-1994
SL 1997
City 1980 - 1970 -1961
🔽 Selling Gold Zone: 1980-1982
SL 1986
City 1975 - 1970 -1961
🔼 Buy Gold Zone: 1965 -1963
1960
City 1971- 1976 -1980
👉 World gold prices dropped quite sharply as investors turned their attention to assets with higher risk such as stocks, in the context of the market waiting for a statement from the US Federal Reserve (Fed) organizations. this week, including Chairman Jerome Powell, to look for new signals on interest rates.
👉 The need for defense will gradually decrease when there are no new major escalation forums in the war between Israel and the Palestinian Hamas force. Investors are no longer interested in safe assets like gold as they were when the war first broke out in early October. Instead, they are attracted by the strong rise of the stock market, as evidenced by The US had the enhanced version of the 6-link chain arriving on Monday.
👉 A report by Heraeus Metals company stated that for gold prices to maintain a sustainable level of 2,000 USD/oz, two important catalysts are needed. The second is a signal that the Fed is rearranging its interest rate cuts, and the second is the net return of gold exchange-traded funds (ETFs).
👉 TECHNICAL COMMENTARY: Gold has developed through the rising price channel in the h4 frame and is finding deeper support areas. Priority order Sell before touching hardware 1950
👉Make a trading plan:
🔽 Sell Gold Zone: 1992-1994
SL 1997
City 1980 - 1970 -1961
🔽 Selling Gold Zone: 1980-1982
SL 1986
City 1975 - 1970 -1961
🔼 Buy Gold Zone: 1965 -1963
1960
City 1971- 1976 -1980
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.