At the beginning of the Asian session on August 1, spot gold fluctuated in a narrow range and is currently trading around $2,436/ounce. Gold prices rose by nearly $40 on Wednesday. The interest rate remained unchanged in yesterday's Federal Reserve meeting, which was in line with market expectations. Powell's speech later gave news of a possible interest rate cut...
You're welcome , play it safe you got this!! Long term bullish trend line, both trend lines shall meet one day. The trend will always be your friend, don't deny it.
Gold is approaching major demand area zone..this is a very best setup to trade because R:R would be 1:9 just set po at 1718 and sl at 1709..trust the process hold it till hit tp at 1790..maybe less than a month tp will be hit..do share,like and subscribe my trading idea
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XAUUSD finally breaks its downward motion with a bit of bullish deviation. The double bottoms on the daily chart looks purty nice.
TVC:GOLD IF cant holding 1222 , It toss 1065 and bounce from this level. Targets T1 1139 T2 1181 TVC:GOLD TVC:GOLD T3 1215 we will be waited for gold until the bounce but when blow through 1359 nobody can hold just as you know this is gold. CHEERS AND PEACE BROS ...
XAUUSD is ready to go short until 1216.05 . please continue to watch as the gold is weakening as the USD might be strong for this week
Looking for rebound on the blue lvls and going short till 1290-1280