At this point we wait to see what the market wants to play us with
Gold price pulls back from new all-time highs above $2,350 Gold price is reversing from a new all-time high reached above the $2,350 barrier in European trading on Monday. Reducing bets for a June Fed rate cut and easing geopolitical tensions limit the Gold price upside amid increased Gold buying from the Chinese central bank.
Trading plan for April 8 👨💻 If XAUUSD breaks the top of 2342 ,BUY gold 🪙 🔹SL 2331 🔹TP 2348-2350-2368
In case the gold price drops sharply and break out from the 2331 area, we can actively sell gold with the expected TP 2314-2300
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