🔔🔔🔔Gold news:
➡️ Gold prices extended their rebound for a second straight day on Tuesday, driven by seemingly unstoppable buying interest amid growing pessimism surrounding the U.S. dollar and escalating geopolitical tensions in the Middle East.
➡️ Despite renewed optimism that the United States may reach trade agreements with some partners this week, President Donald Trump's unpredictable trade policies continue to create market uncertainty, supporting gold's recovery after previous losses.
Personal opinion:
➡️ Trade and geopolitical headlines dominate, and speculation of interest rate cuts ahead of the Fed meeting and comments from Chairman Jerome Powell. There is too much news to support gold's bullish momentum at this time.
➡️Analysis based on important support and resistance levels and Fibonacci combined with trend lines to come up with a suitable strategy
Plan:
🔆Price Zone Setup:
👉Buy Gold 3221- 3223
❌SL: 3217 | ✅TP: 3227 - 3332 – 3337
👉Sell Gold 3402 - 3404 (Scalping)
❌SL: 3408 | ✅TP: 3298 - 3294 – 3290
👉Sell Gold 3417- 3420
❌SL: 3424 | ✅TP: 3414 - 3410 – 3405
FM wishes you a successful trading day 💰💰💰
➡️ Gold prices extended their rebound for a second straight day on Tuesday, driven by seemingly unstoppable buying interest amid growing pessimism surrounding the U.S. dollar and escalating geopolitical tensions in the Middle East.
➡️ Despite renewed optimism that the United States may reach trade agreements with some partners this week, President Donald Trump's unpredictable trade policies continue to create market uncertainty, supporting gold's recovery after previous losses.
Personal opinion:
➡️ Trade and geopolitical headlines dominate, and speculation of interest rate cuts ahead of the Fed meeting and comments from Chairman Jerome Powell. There is too much news to support gold's bullish momentum at this time.
➡️Analysis based on important support and resistance levels and Fibonacci combined with trend lines to come up with a suitable strategy
Plan:
🔆Price Zone Setup:
👉Buy Gold 3221- 3223
❌SL: 3217 | ✅TP: 3227 - 3332 – 3337
👉Sell Gold 3402 - 3404 (Scalping)
❌SL: 3408 | ✅TP: 3298 - 3294 – 3290
👉Sell Gold 3417- 3420
❌SL: 3424 | ✅TP: 3414 - 3410 – 3405
FM wishes you a successful trading day 💰💰💰
Trade active
Personal plan:
Hit+ 55 pips from sell 3418
Trade closed: target reached
Gold has reduced its gains at the end of the US and Asian sessions from 3435 to 3363. The most important news today is FOMC, so gold will maintain in the 3400 area and wait for confirmation of FOMC's developments.
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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.