XAUUSD Expectations return after GDP
With good GDP data last night, gold prices fell to 2036. However, expectations of an interest rate cut by the FED still led to gold not being able to break the bottom in the afternoon, causing gold prices to return to the upper zone. 4x and breaking the downtrend line.
Regarding the direction of gold today, it can be seen that gold is still in its upward momentum, the 50-52 hour resistance zone is also fragile and when gold breaks through here, the next target gold is aiming for is 6x, even 8x.
Therefore, it is still optimal to prioritize buying with gold
Regarding the direction of gold today, it can be seen that gold is still in its upward momentum, the 50-52 hour resistance zone is also fragile and when gold breaks through here, the next target gold is aiming for is 6x, even 8x.
Therefore, it is still optimal to prioritize buying with gold
👍GOLDEN PLAN November 30
🔽SELL watch Price range 2062$ - 2060$ - stoploss: 2067$
🔼Watch to BUY price range 2018$ - 2020$ - stoploss: 2014$
➡️Price range to note: 2031 - 2029
Note: Full TP, SL to be safe and win the market ‼️