Gold Spot / U.S. Dollar
Long
Updated

waiting for US CPI news and BOOM- strong increase

128
🔔🔔🔔Gold news:

➡️The earlier sell-off was likely a result of broad-based asset liquidation, possibly due to margin calls or similar pressures. However, as the selling pressure eased, gold re-emerged as a safe haven during times of uncertainty. Its growing rebound reflects investor concerns over tariff threats and the potential reshaping of global trade norms.

➡️ As protectionist rhetoric intensifies, markets are increasingly pricing in policy uncertainty and the risk of a fundamental shift in established economic and trade frameworks. In this context, gold serves as a strategic hedge—not only against inflation but also against geopolitical fragmentation and the threat of a more chaotic global economic order.

Personal opinion:
➡️ The buyers are controlling the situation and maintaining the area above 3100. So a long-term selling position is risky. Consider technical retracement zones to buy at good prices is a reasonable choice

➡️ Analyze based on important resistance - support and Fibonacci levels combined with RSI to come up with a suitable strategy

Plan:
🔆Price Zone Setup:

👉 Sell Gold 3154 – 3156
❌SL: 3145 | ✅TP: 3133– 3128 – 3123

👉 Buy Gold 3100 – 2998
❌SL: 2993 | ✅TP: 3105– 3101 – 3115

FM wishes you a successful trading day 💰💰💰
Trade active
near 3153 and collapsed to 3145
It's a pity that I couldn't enter a sell order at 3154
cancel sell at 54-56
waiting for 64-67
Trade closed: target reached
🔔🔔🔔 Next ATH: 3175
Fomo buying force is too strong
We should limit placing orders now because the situation is very chaotic. The trading range is too wide, leading to easy SL


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