Daily Gold Technical Analysis And Today News
✅ The previous Daily candle closed Strong Bullish at 1734.700 breakings and closing above the Daily Resistance formed on (25.07.2022) and (14.07.2022) as Federal Reserve increased Bank Rate to 2.50% from 1.75% at yesterday’s FOMC Meeting in order to combat the rising Inflation.
✅ Buys on a close above at 1740.400 targeting 4h / 1h Resistance at 1745.000 leaving Runners to Weekly Previous Support from (27.09.2022) at 1750.500.
✅ Sells on close below 1733.100 targeting Daily previous Resistance formed on ( 25.07.2022) at 1727.800 Leaving Runners to Daily Support formed on 1718.000.
✅ We have Advance GDP q/q, Advance GDP Price Index q/q, Unemployment Claims, and the Treasury Secretary Yellen speaking, All news is to be released 30min after New York Open.
✅ Buys on a close above at 1740.400 targeting 4h / 1h Resistance at 1745.000 leaving Runners to Weekly Previous Support from (27.09.2022) at 1750.500.
✅ Sells on close below 1733.100 targeting Daily previous Resistance formed on ( 25.07.2022) at 1727.800 Leaving Runners to Daily Support formed on 1718.000.
✅ We have Advance GDP q/q, Advance GDP Price Index q/q, Unemployment Claims, and the Treasury Secretary Yellen speaking, All news is to be released 30min after New York Open.
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.