#Gold seems to be starting a distribution and correction trend.
Updated
✨ Trading activity at the major #SPDR fund has shifted towards a more bullish sentiment amidst recent volatility in the Gold market.
✨ Gold is likely to continue experiencing significant fluctuations following this week's interest rate decision. #FED Gold had previously risen from a potential support area of 2146.
✨ Current SELL zone: 2063-68! Targeting 2145 initially, followed by a support zone at 2135-30. #FX
✨ Trading today.
TradePro™ traders are advised to enter the market at 2135-30 levels for buying opportunities. (Targeting as per price channel adjustment plan. #US)
🍀 Wishing all TradePro™ traders a successful and profitable third trading day 🏆
Note
- Strong Sell signal:High success rate,
Rating *****
- In the U.S. market yesterday, gold initially dropped to 2146 for the first time, then began to recover and rose, surpassing 2150 to 2163.
- Currently maintaining within the range [2155-2161] on a fundamental basis.
📊 Daily Chart: The Bollinger Bands have widened, and gold has breached the lower band. The market is recovering, with short-term prices still rising 🚀. Short-term support level is at 2155, short-term resistance at 2165, with the next area of interest being 2175 - 2185.
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