Wednesday Gold moves in a narrowing band
Gold prices have been trading in a narrow range of $1,950-1,980 for almost a week.
This comes after the prices dropped below $2,000 level due to the uncertainty around the US default. C
opper prices have hit a six-month low due to weakening demand and global manufacturing activity.
The metals market has been under pressure as the US dollar has strengthened, with traders speculating that the Federal Reserve will maintain higher interest rates this year.
SELL GOLD zone 1985 - 1983
Stoploss: 1992
Take Profit 1: 1980
Take Profit 2: 1975
Take Profit 3: 1965
Note : TP, SL full to be safe and win the market !
This comes after the prices dropped below $2,000 level due to the uncertainty around the US default. C
opper prices have hit a six-month low due to weakening demand and global manufacturing activity.
The metals market has been under pressure as the US dollar has strengthened, with traders speculating that the Federal Reserve will maintain higher interest rates this year.
SELL GOLD zone 1985 - 1983
Stoploss: 1992
Take Profit 1: 1980
Take Profit 2: 1975
Take Profit 3: 1965
Note : TP, SL full to be safe and win the market !
Komen:
FULL TP SELL✅✅✅
