Short

XAUUSD Buy confirm 200pips

Updated

Gold extended its decline, breaking below a major trendline and reaching new lows in the $2,530s on Thursday, after a combination of higher US factory-gate inflation data, lower US unemployment claims data and upbeat commentary from Fed Chairman Powell. Gold bounces off its (blue) 100-day Simple Moving Average (SMA) and attempts a recovery. Still, the precious metal is in a short and probably medium-term downtrend. This, given the principle of technical analysis that “the trend is your friend,” favors a continuation lower. (XAU/USD) trades little changed on Friday, holding steady in the $2,560s after making a slight recovery from the two-month lows reached on the previous day.

Trade active

XAUUSD Buy 40 pips running

BOOOOOM ENJOY 😱😱🔥🔥🔥

Trade closed: target reached

XAUUSD Buy 250 pips tp 3 hit

BOOOOOM ENJOY 😱😱🔥🔥🔥

Note

Our Target is completed

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