hold in 3190 - 3250 zone and wait for trade talks
🔔🔔🔔Gold news:
➡️ Gold prices returned to near the $3,200 level early Tuesday after once again failing to break through the $3,250 resistance. The decline in gold may be tied to a modest rebound in the US dollar, as traders await upcoming US trade talks for new directional cues.
➡️ Moody's downgraded the US sovereign credit rating by one notch on Friday, from the top-tier "Aaa" to "Aa1", weakening the so-called "US brand." Investors remain cautious about the country's long-term fiscal outlook, which is helping to limit gold's downside in the short term.
Personal opinion:
➡️ Gold prices will maintain a slight increase today in the 3190 - 3250 range, with no important economic data today, so gold prices are still being boosted by the US credit rating.
➡️ Note: Trade war is still the focus, so keep a close eye on the latest information
➡️ Analyze based on resistance - support levels and trend lines combined with EMA to come up with a suitable strategy
Personal Plan:
🔆Price Zone Setup:
👉Buy Gold 3189 - 3192
❌SL: 3185 | ✅TP: 3196 - 3200 – 3205
👉Sell Gold 3249 - 3252
❌SL: 3255 | ✅TP: 3244 - 3245 – 3240
FM wishes you a successful trading day 💰💰💰
➡️ Gold prices returned to near the $3,200 level early Tuesday after once again failing to break through the $3,250 resistance. The decline in gold may be tied to a modest rebound in the US dollar, as traders await upcoming US trade talks for new directional cues.
➡️ Moody's downgraded the US sovereign credit rating by one notch on Friday, from the top-tier "Aaa" to "Aa1", weakening the so-called "US brand." Investors remain cautious about the country's long-term fiscal outlook, which is helping to limit gold's downside in the short term.
Personal opinion:
➡️ Gold prices will maintain a slight increase today in the 3190 - 3250 range, with no important economic data today, so gold prices are still being boosted by the US credit rating.
➡️ Note: Trade war is still the focus, so keep a close eye on the latest information
➡️ Analyze based on resistance - support levels and trend lines combined with EMA to come up with a suitable strategy
Personal Plan:
🔆Price Zone Setup:
👉Buy Gold 3189 - 3192
❌SL: 3185 | ✅TP: 3196 - 3200 – 3205
👉Sell Gold 3249 - 3252
❌SL: 3255 | ✅TP: 3244 - 3245 – 3240
FM wishes you a successful trading day 💰💰💰
Dagangan aktif
Gold price is going according to planMy personal Sell price range is 3249-3252
Dagangan ditutup: sasaran tercapai
Personal plan:
Hit + 175 pips from sell 3251
Big profit
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Channel: signals - knowledge and FOREX comments
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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
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.