Gold news:
🔆Gold is in a short-term correction after entering the extreme buy zone (RSI) in the previous days. After failing to completely break the ATH 2956 resistance level, the sellers rushed in strongly to dominate the market. As a result, gold fell nearly 1.5% yesterday.
🔆In addition, the DXY index recovered today and the US 10-year bond yield suddenly increased by 0.5% in the Asian session, which is also supporting the short-term strength of the Dollar, causing gold to fall slightly
Personal opinion:
Gold will have another short-term correction to gain momentum for the main uptrend. After all, the trade war and gloomy US economic data are still there. And the war between countries is still complicated, making it difficult for gold to fall sharply
Plan:
🔆Setting price range:
👉Buy gold 2924 -2927
❌SL: 2933 | ✅TP: 2918 – 2906 – 2895
FM wishes you a successful trading day 💰💰💰
🔆Gold is in a short-term correction after entering the extreme buy zone (RSI) in the previous days. After failing to completely break the ATH 2956 resistance level, the sellers rushed in strongly to dominate the market. As a result, gold fell nearly 1.5% yesterday.
🔆In addition, the DXY index recovered today and the US 10-year bond yield suddenly increased by 0.5% in the Asian session, which is also supporting the short-term strength of the Dollar, causing gold to fall slightly
Personal opinion:
Gold will have another short-term correction to gain momentum for the main uptrend. After all, the trade war and gloomy US economic data are still there. And the war between countries is still complicated, making it difficult for gold to fall sharply
Plan:
🔆Setting price range:
👉Buy gold 2924 -2927
❌SL: 2933 | ✅TP: 2918 – 2906 – 2895
FM wishes you a successful trading day 💰💰💰
Trade active
Gold prices fall according to FM's initial assessment.Trade closed: target reached
achieve the original goal
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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.
✅ 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.