XAUUSD: Today's Trading Strategy
This week, the gold market has aligned with my analysis, gradually stabilizing and consistently trading within the 2630-2660 range. The key resistance level at 2660 has once again proven firm, while support has shifted downward to 2630. Entering positions at these critical resistance and support levels can yield straightforward profits.
However, it is important to note that the upcoming Federal Reserve interest rate decision will have a significant impact on gold. It is advisable to close all positions before the news release to avoid potential losses caused by substantial market volatility.
Pre-news trading strategy for XAUUSD:
Sell @ 2660-2665
Take Profit (TP): 2645-2640
At present, the account that follows my trading has reached 200K from 60K. If you need more accurate signals, you can click the link below the article to get them.
However, it is important to note that the upcoming Federal Reserve interest rate decision will have a significant impact on gold. It is advisable to close all positions before the news release to avoid potential losses caused by substantial market volatility.
Pre-news trading strategy for XAUUSD:
Sell @ 2660-2665
Take Profit (TP): 2645-2640
At present, the account that follows my trading has reached 200K from 60K. If you need more accurate signals, you can click the link below the article to get them.
Click the link to enter the channel and get the signal t.me/LukeBaileyStrategy
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