Gold trend in Eur and US sessions -Decline and increase again
💢💢💢Gold news:
➡️ Gold (XAU/USD) continues its upward trend during the first half of the European trading session on Monday, currently hovering near its all-time high just above $3,120. Uncertainty surrounding former U.S. President Donald Trump's so-called reciprocal tariffs, along with growing fears of a U.S. economic recession and geopolitical risks, continue to weigh on investor sentiment. The risk-off mood is evident in the generally weaker tone of the stock markets, driving the safe-haven precious metal higher for the third consecutive day.
➡️However, bullish traders may take a breather amid overbought conditions on the daily chart and ahead of key U.S. macroeconomic releases later this week.
Personal opinion:
➡️ In general, in the long term, the main trend of gold is still increasing and shows no signs of stopping. Therefore, waiting for the time when gold declines technically to buy at a good price is a reasonable measure
➡️ Currently, gold is having a technical adjustment after RSI entered the overbought zone and decreased again
➡️Analysis based on resistance - support levels and trend lines combined with EMA to come up with a suitable strategy
Plan:
🔆Price Zone Setup:
👉 Buy XAU/USD 3100 - 3102
❌SL: 3095 | ✅TP: 3106 - 3112 - 3118
👉 Sell XAU/USD 3129 - 3132
❌SL: 3136 | ✅TP: 3125 - 3120 - 3115
FM wishes you a successful trading day 💰💰💰
➡️ Gold (XAU/USD) continues its upward trend during the first half of the European trading session on Monday, currently hovering near its all-time high just above $3,120. Uncertainty surrounding former U.S. President Donald Trump's so-called reciprocal tariffs, along with growing fears of a U.S. economic recession and geopolitical risks, continue to weigh on investor sentiment. The risk-off mood is evident in the generally weaker tone of the stock markets, driving the safe-haven precious metal higher for the third consecutive day.
➡️However, bullish traders may take a breather amid overbought conditions on the daily chart and ahead of key U.S. macroeconomic releases later this week.
Personal opinion:
➡️ In general, in the long term, the main trend of gold is still increasing and shows no signs of stopping. Therefore, waiting for the time when gold declines technically to buy at a good price is a reasonable measure
➡️ Currently, gold is having a technical adjustment after RSI entered the overbought zone and decreased again
➡️Analysis based on resistance - support levels and trend lines combined with EMA to come up with a suitable strategy
Plan:
🔆Price Zone Setup:
👉 Buy XAU/USD 3100 - 3102
❌SL: 3095 | ✅TP: 3106 - 3112 - 3118
👉 Sell XAU/USD 3129 - 3132
❌SL: 3136 | ✅TP: 3125 - 3120 - 3115
FM wishes you a successful trading day 💰💰💰
Dagangan aktif
Check gold HIt + 140 pips from Buy 3100
Great Buy
congratulation
Dagangan ditutup: sasaran tercapai
The plan is on track.
✅ 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.
✅ 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.