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Xaussdsell

MARKET LAST 2 DAYS Over the last two days, XAU/USD (gold against the US dollar) has experienced a relatively stable trading range. The price hovered around $2,640–$2,642 per ounce. The slight movement reflects cautious sentiment among investors. Factors influencing gold include geopolitical developments and mixed signals about economic conditions globally. Recent news of a temporary ceasefire in the Middle East exerted downward pressure on gold as geopolitical risks eased slightly, though the metal remains sensitive to changes in the U.S. dollar and Federal Reserve policy.
OANDA:XAUUSD
by SadarExplore
Xauusd:It's the key choice point again Due to the recent hawkish rhetoric of Fed policymakers, everyone hopes that the Fed can achieve its goal of suppressing inflation, so gold prices fell again on Wednesday. Pay attention to the data on U.S. unemployment benefits today Today, gold fell as low as 1945, and the position of 38.2% of the Fibonacci retracement in the upward period from 1810 to 2007 was near 1933. If it did not fall below this data, gold would not be considered a real complete decline. The current trend belongs to a small cyclical decline in a large cyclical pullback. You may have discovered that if you have to wait for a rebound to sell, but gold can't reach the resistance range. Today's entire golden state just happens to be bullish and dare not enter, bearish and dare not chase, coupled with the 4-hour divergence of the indicators RSI and MACD, I still think it is possible to rebound today and then fall. The suppression point of the decline and rebound is near the mid-Bollinger band of the daily cycle 1970 We need to pay attention to the upper resistance point range: 1962-1970 1953-1958 Pay attention to the range of support points below: 1941-1945 1933-1938 When gold reaches the support range for the first time today, you can buy in small batches based on your own funds, set a stop loss, and increase your success rate of profit. In a downtrend, you can sell when you reach the resistance range If you don't know how to trade, join me and let us learn together to improve the success rate
FX:XAUUSDShort
by UnknownUnicorn64583787