✍ ✍ ✍Gold news:
➡️Gold extended its correction ahead of Friday's Non-Farm Payrolls release, falling below $3,100 as markets remained volatile. Investors remained uncertain about the direction of the market following Trump's retaliatory tariff announcement. Meanwhile, gold continued to face profit-taking pressure while seeking support for its recovery.
Personal opinion:
➡️ With the upcoming NFP news, gold prices are expected to remain in a short-term downtrend zone pending this important news.
➡️Analysis based on important resistance - support zones and Fibonacci combined with trend lines and SAM to come up with a suitable strategy
Resistance zone: 3112– 3133 -3165
Support zone: 3079 - 3067 - 3058
Plan:
🔆Price Zone Setup:
👉Buy Gold 3077- 3079 (Scalping)
❌SL: 3074| ✅TP: 3082 – 3085 – 3090
👉Buy Gold 3058- 3060
❌SL: 3053| ✅TP: 3065 – 3070 – 3080
👉Sell Gold 3108 - 3110 (Scalping)
❌SL: 3115 | ✅TP: 3104 – 3100 – 3096
👉Sell Gold 3033- 3035
❌SL: 3140 | ✅TP: 3128 – 3122 – 3115
FM wishes you a successful trading day 💰💰💰
➡️Gold extended its correction ahead of Friday's Non-Farm Payrolls release, falling below $3,100 as markets remained volatile. Investors remained uncertain about the direction of the market following Trump's retaliatory tariff announcement. Meanwhile, gold continued to face profit-taking pressure while seeking support for its recovery.
Personal opinion:
➡️ With the upcoming NFP news, gold prices are expected to remain in a short-term downtrend zone pending this important news.
➡️Analysis based on important resistance - support zones and Fibonacci combined with trend lines and SAM to come up with a suitable strategy
Resistance zone: 3112– 3133 -3165
Support zone: 3079 - 3067 - 3058
Plan:
🔆Price Zone Setup:
👉Buy Gold 3077- 3079 (Scalping)
❌SL: 3074| ✅TP: 3082 – 3085 – 3090
👉Buy Gold 3058- 3060
❌SL: 3053| ✅TP: 3065 – 3070 – 3080
👉Sell Gold 3108 - 3110 (Scalping)
❌SL: 3115 | ✅TP: 3104 – 3100 – 3096
👉Sell Gold 3033- 3035
❌SL: 3140 | ✅TP: 3128 – 3122 – 3115
FM wishes you a successful trading day 💰💰💰
Trade active
buying power too strongHit + 380 pips from sell 3135
too fast
Trade closed: target reached
check gold HIt + 140 pips from Buy 3060
congratulation
BIG win today
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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
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.