Gold Spot / U.S. DollarUpdated Wait for a buy signal. Target 2000
🌸The important resistance level of 1984 is about to be broken, we are expecting a recovery period to 1863-1965 to make a buy signal.
🌸Gold prices are at their highest level since July, near $1,980, maintaining a continuous upward momentum early Friday. Gold prices continue to take advantage of escalating geopolitical tensions between Gaza and Israel, despite the relentless rise in US Treasury bond yields.
🌸The US dollar became increasingly weaker in response to Powell's comments
🌸Plan trading
BUY GOLD: 1963-1965
BUY BIG Lot: 1948-1950
🌸Gold prices are at their highest level since July, near $1,980, maintaining a continuous upward momentum early Friday. Gold prices continue to take advantage of escalating geopolitical tensions between Gaza and Israel, despite the relentless rise in US Treasury bond yields.
🌸The US dollar became increasingly weaker in response to Powell's comments
🌸Plan trading
BUY GOLD: 1963-1965
BUY BIG Lot: 1948-1950
Note
It is likely that gold will increase and there will be no retestNote
gold near break 2000Note
reach target on Monday
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.