🔔🔔🔔Gold news:
👉DXY bounced sharply in the Asian and European sessions after falling to 103.47, the lowest level since 5/11/2024.
👉There is no news today to motivate gold so the price may run in the range of 2890 - 2930
👉RSI (1H) is entering the overbought zone, watch this area closely to create a buy order at a good price.
👉The US 10-year bond yield is down 1.81% at the moment so it may be the driving force for gold to increase again.
Analysis:
👉Based on important support resistance levels and pivot points standard combined with trend lines to come up with a suitable strategy
resistance zone: 2928 - 2908
support zone: 2894 – 2882 – 2870
Plan:
🔆Price Zone Setup:
👉Buy Gold 2.894 – 2.896
❌SL: 2.887 | ✅TP: 2.900 – 2.905 – 2.908
👉Sell Gold 2.927 – 2.929
❌SL: 2.934 | ✅TP: 2.923 – 2.918 – 2.911
FM wishes you a successful trading day 💰💰💰
👉DXY bounced sharply in the Asian and European sessions after falling to 103.47, the lowest level since 5/11/2024.
👉There is no news today to motivate gold so the price may run in the range of 2890 - 2930
👉RSI (1H) is entering the overbought zone, watch this area closely to create a buy order at a good price.
👉The US 10-year bond yield is down 1.81% at the moment so it may be the driving force for gold to increase again.
Analysis:
👉Based on important support resistance levels and pivot points standard combined with trend lines to come up with a suitable strategy
resistance zone: 2928 - 2908
support zone: 2894 – 2882 – 2870
Plan:
🔆Price Zone Setup:
👉Buy Gold 2.894 – 2.896
❌SL: 2.887 | ✅TP: 2.900 – 2.905 – 2.908
👉Sell Gold 2.927 – 2.929
❌SL: 2.934 | ✅TP: 2.923 – 2.918 – 2.911
FM wishes you a successful trading day 💰💰💰
Dagangan aktif
Congrats if you follow FM planhit +90 pips from 2896.
profit for you
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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
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.