XAUUSD (GOLD) sell from key level BIG DROP COMING

Hello friends as i can see gold is fail to hold above 1800 levels as investors are still having hope on Stimulus Package
and that can help to recover $ for a short term
Rising real yields have dirtied the yellow metal’s luster
Gold fails to follow increasingly bullish bets on inflation
Inflation-adjusted gold prices near historical highs,
Real yields – nominal bond yields minus the breakeven inflation outlook – have risen as investors price in a $1.9 trillion Covid relief package.
While the proposed stimulus has bolstered inflation bets, it appears to have propelled sentiment surrounding an economic rebound relatively further.
Hence the pace at which we have seen real yields rise as investors ditch government bonds.
so we will caught this incoming move for gold technically + fundamentally
its 1k+ pips trade with a very small risk against our rewards Friends Push like and comments
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Friends if gold hold above 1800 level then this setup u can follow which i had attach in Comments

Dagangan aktif:

almost near to hit all tp 3 and greed is not good so booking here 80% of profits with 1100+ pips and moving sl @ 1800