Emas Semerta / Dolar A.S.Panjang
XAUUSD going for new ATH!
⭐After a beautifull double top pattern & a good correction GOLD seems to be ready for a new ATH this year!
📈XAUUSD is in a medium uptrend with obvious correction and momentum movements forming new LH(Lower High) & HH(Higher Highs) which further strengthens the upward trend! 📊After the FIB Retracement applied behind the representation, gold does not seem to change its trend anytime soon, but although it is close to a pullback in the 38.20 area, it does not represent such a strong upward trend that it does not try to go down at least in the GOLDEN ZONE (50%-61,80%)
📍US PPI and CPI data due later in the week
📍Dollar at its highest level in over two years
📍Market sees 25 bps reduction in rate cuts this year
💥Position Recommendations💥
Entry: 2650
Stop Loss: 2630
Take Profit 1: 2680
Take Profit 2: 2700
Take Profit 3: 2750 (I do not recommend only with subsequent confirmations)
📈XAUUSD is in a medium uptrend with obvious correction and momentum movements forming new LH(Lower High) & HH(Higher Highs) which further strengthens the upward trend! 📊After the FIB Retracement applied behind the representation, gold does not seem to change its trend anytime soon, but although it is close to a pullback in the 38.20 area, it does not represent such a strong upward trend that it does not try to go down at least in the GOLDEN ZONE (50%-61,80%)
📍US PPI and CPI data due later in the week
📍Dollar at its highest level in over two years
📍Market sees 25 bps reduction in rate cuts this year
💥Position Recommendations💥
Entry: 2650
Stop Loss: 2630
Take Profit 1: 2680
Take Profit 2: 2700
Take Profit 3: 2750 (I do not recommend only with subsequent confirmations)
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.