PLAN Scalping :11 February , 2025
Gold News:
Gold’s price (XAU/USD) reached a new all-time high of $2,942 in early Tuesday trading before retreating and erasing most of its gains for the day. Meanwhile, U.S. President Donald Trump has implemented a 25% tariff on steel and aluminum imports from all countries, effective March 12. In response, China has quietly introduced retaliatory tariffs on certain U.S. goods. However, China has only taken limited action so far and has not escalated the situation significantly, while Trump has yet to enforce the 60% tariffs on all Chinese products that he had previously pledged during his campaign, according to Bloomberg.
Personal opinion:
A price correction is inevitable, the short and long term trend is still in an uptrend, the price zones of 2900 and 2888 are being watched for the bulls to continue pushing the price up.
Technical analysis:
🔆Based on Fibonacci combined with Resistance - Support Zones and Trend Lines
Plan: Scalping today
🔆Price Zone Setup:
👉Buy Gold 2898 -2896
❌SL: 2892 | ✅TP: 2902 - 2906 – 2910
Thank you for reading my comment: "FM
Gold News:
Gold’s price (XAU/USD) reached a new all-time high of $2,942 in early Tuesday trading before retreating and erasing most of its gains for the day. Meanwhile, U.S. President Donald Trump has implemented a 25% tariff on steel and aluminum imports from all countries, effective March 12. In response, China has quietly introduced retaliatory tariffs on certain U.S. goods. However, China has only taken limited action so far and has not escalated the situation significantly, while Trump has yet to enforce the 60% tariffs on all Chinese products that he had previously pledged during his campaign, according to Bloomberg.
Personal opinion:
A price correction is inevitable, the short and long term trend is still in an uptrend, the price zones of 2900 and 2888 are being watched for the bulls to continue pushing the price up.
Technical analysis:
🔆Based on Fibonacci combined with Resistance - Support Zones and Trend Lines
Plan: Scalping today
🔆Price Zone Setup:
👉Buy Gold 2898 -2896
❌SL: 2892 | ✅TP: 2902 - 2906 – 2910
Thank you for reading my comment: "FM
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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.