I mentioned yesterday that gold was accumulating bullish momentum to challenge the 3400 level at that time 📈. If the challenge failed, it would drop sharply 📉, and if it succeeded, it would continue to rise. That's why I advised you not to trade at that moment, as it was easy to choose the wrong direction and have your account wiped out 💥.
Currently, the international geopolitical situation has suddenly heated up 🌋, and the market's risk - aversion sentiment has once again pushed up the gold price 📈. However, tonight's Federal Reserve interest rate decision and Jerome Powell's speech will be key nodes in the battle between bulls and bears ⚔️. The sharp fluctuations in gold this morning conform to the characteristics of a washout 🌀. But be wary of a significant pullback after the continuous slow rise 🚨.
In terms of operation, it is recommended that investors avoid blindly chasing the upward trend and focus on the impact of the Fed's decision on real interest rates and the US dollar 👀. Currently, the resistance above is at 3397 - 3407, and the strong support level of 3360 has been tested twice today, showing a double V bottom pattern📊.
⚡️⚡️⚡️ XAUUSD ⚡️⚡️⚡️
🚀 Buy@3360
🚀 TP 3380 - 3390
Accurate signals are updated every day 📈 If you encounter any problems during trading, these signals can serve as your reliable guide 🧭 Feel free to refer to them! I sincerely hope they'll be of great help to you 🌟 👇
Currently, the international geopolitical situation has suddenly heated up 🌋, and the market's risk - aversion sentiment has once again pushed up the gold price 📈. However, tonight's Federal Reserve interest rate decision and Jerome Powell's speech will be key nodes in the battle between bulls and bears ⚔️. The sharp fluctuations in gold this morning conform to the characteristics of a washout 🌀. But be wary of a significant pullback after the continuous slow rise 🚨.
In terms of operation, it is recommended that investors avoid blindly chasing the upward trend and focus on the impact of the Fed's decision on real interest rates and the US dollar 👀. Currently, the resistance above is at 3397 - 3407, and the strong support level of 3360 has been tested twice today, showing a double V bottom pattern📊.
⚡️⚡️⚡️ XAUUSD ⚡️⚡️⚡️
🚀 Buy@3360
🚀 TP 3380 - 3390
Accurate signals are updated every day 📈 If you encounter any problems during trading, these signals can serve as your reliable guide 🧭 Feel free to refer to them! I sincerely hope they'll be of great help to you 🌟 👇
Trade active
Today, our trading strategy of going long on gold has been a great success 🎉! It has been proven that every price pullback is an excellent buying opportunity 💰. In light of the current market dynamics, it is recommended to suspend trading operations for now ⏸. Prepare for the upcoming key Federal Reserve resolution and the press conference of Fed Chairman Jerome Powell 📢.It is widely expected in the market that the Federal Reserve will keep interest rates unchanged at this meeting 😏. Therefore, the wording of Powell's speech at the press conference will be a crucial factor influencing the market trend 🔑. It is worth noting that the pullback in the gold price does not mean the end of the upward trend 🚫. In the long run, the evolution of geopolitical risks and the signals released by macro policies in the coming weeks will still be the dominant forces determining the trend of the gold price 💪.
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📢Weekly profit :300% - 500%
t.me/+OjXw8IBwWg81ZDY0
📢JOIN OUR FREE TELEGRAM GROUP
t.me/+OjXw8IBwWg81ZDY0
📢Free signals are updated every day
t.me/+OjXw8IBwWg81ZDY0
t.me/+OjXw8IBwWg81ZDY0
📢JOIN OUR FREE TELEGRAM GROUP
t.me/+OjXw8IBwWg81ZDY0
📢Free signals are updated every day
t.me/+OjXw8IBwWg81ZDY0
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.