🔔🔔🔔Gold news:
➡️ Recently, some US officials have shown little concern over Wall Street's response to the Trump administration's trade policies. US Treasury Secretary Scott Bessent clarified that his remarks last Friday about a “detox period” did not imply that a recession was inevitable. In contrast, US Commerce Secretary Howard Lutnick stated that a recession would be a worthwhile trade-off to advance the administration’s policy agenda.
These statements reassured investors, leading to continued selling in US equities while driving demand for safe-haven assets such as Gold and the Japanese Yen (JPY).
Personal analysis:
➡️broke the old peak, currently fomo from the big market, ready to surpass 3000 today
Use Fibonacci Retracements to Find Psychological Resistance Zones
Plan:
🔆Price Zone Setup:
👉Sell Gold 3000 – 3003
❌SL: 3008 |
âś…TP: 2994 - 2985 - 2970
FM wishes you a successful trading day đź’°đź’°đź’°
➡️ Recently, some US officials have shown little concern over Wall Street's response to the Trump administration's trade policies. US Treasury Secretary Scott Bessent clarified that his remarks last Friday about a “detox period” did not imply that a recession was inevitable. In contrast, US Commerce Secretary Howard Lutnick stated that a recession would be a worthwhile trade-off to advance the administration’s policy agenda.
These statements reassured investors, leading to continued selling in US equities while driving demand for safe-haven assets such as Gold and the Japanese Yen (JPY).
Personal analysis:
➡️broke the old peak, currently fomo from the big market, ready to surpass 3000 today
Use Fibonacci Retracements to Find Psychological Resistance Zones
Plan:
🔆Price Zone Setup:
👉Sell Gold 3000 – 3003
❌SL: 3008 |
âś…TP: 2994 - 2985 - 2970
FM wishes you a successful trading day đź’°đź’°đź’°
Trade active
check goldTP1: 2994 . Done
TP2: 2985. Done
max profit + 180 pips. Great sell
profit for you
Trade closed: target reached
RSI (4H) gives bearish reversal signal after entering extreme overbought zone, everyone pay attention to trading to avoid spread
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âś… t.me/+Y9T5_BwC7_JhMWM1
Join now !!!!
Channel: signals - knowledge and FOREX comments
Join now !!!!
Channel: signals - knowledge and FOREX comments
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.