🔔🔔🔔Gold news:
➡️ Gold (XAU/USD) extended its losses on Tuesday, falling below the $3,300 mark at the time of writing, as improved risk sentiment and a stronger U.S. dollar (USD) weighed on the metal's recent rally. This marks the second consecutive day of declines for gold, with the greenback regaining some ground and safe-haven demand easing. Investors also reacted to signs of progress in U.S.-EU trade relations after U.S. President Donald Trump announced on Sunday that he had agreed to extend the deadline for imposing a 50% tariff on the European Union (EU) until July 9.
Personal opinion:
➡️ Gold prices are finding support near a key level. The resistance zone will be 328x which will be a strong support zone for gold price to continue to increase in price
➡️ Analyze based on important resistance - support levels and Fibonacci to come up with a suitable strategy
Personal plan:
🔆Price Zone Setup:
👉Sell Gold 3324- 3327
❌SL: 3331 ✅TP: 3320- 3315- 3310
👉Buy Gold 3283 - 3286
❌SL: 3288 | ✅TP: 3299 – 3304- 3310
FM wishes you a successful trading day 💰💰💰
➡️ Gold (XAU/USD) extended its losses on Tuesday, falling below the $3,300 mark at the time of writing, as improved risk sentiment and a stronger U.S. dollar (USD) weighed on the metal's recent rally. This marks the second consecutive day of declines for gold, with the greenback regaining some ground and safe-haven demand easing. Investors also reacted to signs of progress in U.S.-EU trade relations after U.S. President Donald Trump announced on Sunday that he had agreed to extend the deadline for imposing a 50% tariff on the European Union (EU) until July 9.
Personal opinion:
➡️ Gold prices are finding support near a key level. The resistance zone will be 328x which will be a strong support zone for gold price to continue to increase in price
➡️ Analyze based on important resistance - support levels and Fibonacci to come up with a suitable strategy
Personal plan:
🔆Price Zone Setup:
👉Sell Gold 3324- 3327
❌SL: 3331 ✅TP: 3320- 3315- 3310
👉Buy Gold 3283 - 3286
❌SL: 3288 | ✅TP: 3299 – 3304- 3310
FM wishes you a successful trading day 💰💰💰
Trade active
personal plan
Hit + 180 pips from Buy 3285
Great
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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
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.