๐๐๐ Gold news:
โก๏ธGold surged to another record high on Monday, surpassing the $3,100 mark for the first time and reaching an all-time peak of $3,137 during the Asian session before slightly retreating. Ongoing uncertainty surrounding U.S. trade policies and the upcoming Liberation Day on April 2 has kept market sentiment cautious, prompting investors to seek safety in the yellow metal as a haven asset.
โก๏ธ Risk appetite weakens as traders wait for the announcement of additional tariffs on Wednesday. Goldman Sachs reported that the probability of a U.S. Recession had risen from 20% to 35%, driven mainly by growing pessimism among businesses and enterprises regarding the economic outlook, as well as Washington's increasing acceptance of a deeper economic downturn.
Personal opinion:
โก๏ธ The long-term trend of gold will increase in the near future due to tariff policies and the possibility of economic recession in the United States.
โก๏ธ However, gold will have a slight corrective rally today:
RSI enters the overbought zone and shows signs of divergence
Buyers will pause in the short term to monitor for the upcoming February 4 if the tariff policy is negative
โก๏ธAnalysis based on important resistance - support levels and Fibonacci combined with RSI to come up with a suitable strategy
Resistance zone: 3150 - 3157 - 3180
Support zone: 3127 - 3113 - 3100
Plan:
๐Price Zone Setup:
๐Buy Gold 3113- 3115
โSL: 3108 | โ TP: 3118 โ 3123 โ 3130
๐Buy Gold 3127 - 3130
โSL: 3122| โ TP: 3135 โ 3140 โ 3145
๐Sell Gold 3149 โ 3151 (Scalping)
โSL: 3155 | โ TP: 3146โ 3143 โ 3140
๐Sell Gold 3179 โ 3181
โSL: 3185 | โ TP: 3175โ 3170 โ 3165
FM wishes you a successful trading day ๐ฐ๐ฐ๐ฐ
โก๏ธGold surged to another record high on Monday, surpassing the $3,100 mark for the first time and reaching an all-time peak of $3,137 during the Asian session before slightly retreating. Ongoing uncertainty surrounding U.S. trade policies and the upcoming Liberation Day on April 2 has kept market sentiment cautious, prompting investors to seek safety in the yellow metal as a haven asset.
โก๏ธ Risk appetite weakens as traders wait for the announcement of additional tariffs on Wednesday. Goldman Sachs reported that the probability of a U.S. Recession had risen from 20% to 35%, driven mainly by growing pessimism among businesses and enterprises regarding the economic outlook, as well as Washington's increasing acceptance of a deeper economic downturn.
Personal opinion:
โก๏ธ The long-term trend of gold will increase in the near future due to tariff policies and the possibility of economic recession in the United States.
โก๏ธ However, gold will have a slight corrective rally today:
RSI enters the overbought zone and shows signs of divergence
Buyers will pause in the short term to monitor for the upcoming February 4 if the tariff policy is negative
โก๏ธAnalysis based on important resistance - support levels and Fibonacci combined with RSI to come up with a suitable strategy
Resistance zone: 3150 - 3157 - 3180
Support zone: 3127 - 3113 - 3100
Plan:
๐Price Zone Setup:
๐Buy Gold 3113- 3115
โSL: 3108 | โ TP: 3118 โ 3123 โ 3130
๐Buy Gold 3127 - 3130
โSL: 3122| โ TP: 3135 โ 3140 โ 3145
๐Sell Gold 3149 โ 3151 (Scalping)
โSL: 3155 | โ TP: 3146โ 3143 โ 3140
๐Sell Gold 3179 โ 3181
โSL: 3185 | โ TP: 3175โ 3170 โ 3165
FM wishes you a successful trading day ๐ฐ๐ฐ๐ฐ
Dagangan aktif
Check gold Hit + 50 pips from sell 3149
Congratulation
Profit for everyone
Nota
Great sell 3049 Hit max profit +140 pips
all TP achieved
Nota
check again hit + 50 pips from buy 3038
The market is quite volatile since it started in the European session.
Nota
Update: Hit + 70 pips from Buy 3128
Dagangan ditutup: sasaran tercapai
Hit + 30 pips from Buy 3013 The selling pressure is too strong and it breaks down to 3000
everyone pay attention to the transaction
โ
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โ
t.me/+Y9T5_BwC7_JhMWM1
Join now !!!!
Channel: signals - knowledge and FOREX comments
Join now !!!!
Channel: signals - knowledge and FOREX comments
Penerbitan berkaitan
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.