🔔🔔🔔Gold news:
➡️ Gold (XAU/USD) started the week on a positive note, breaking out of last week's consolidation after hitting an all-time high near $3,690 on Tuesday. The move showed renewed buying interest as traders remained cautious ahead of a crucial week of policy decisions by major central banks.
➡️ Market attention is focused on the Federal Reserve's interest rate announcement this week, with a 25 basis point cut widely expected.
➡️ In addition, escalating geopolitical tensions in Russia-Ukraine and the Middle East continue to support gold, which is considered a safe-haven metal.
Personal opinion:
➡️ The 1-hour RSI is diverging, which is a reversal signal. However, the uptrend remains strong. At the same time, the appearance of a bull flag pattern is a sign of a strong uptrend. If the price does not break clearly below 3675, the uptrend will continue, heading towards 3700 and possibly beyond.
Personal Plan:
🔆Price Zone Setup:
👉Buy Gold 3654 - 3657
❌SL: 3650 | ✅TP: 3662 - 3667 – 3672
👉Sell Gold 3697 - 3700
❌SL: 3705 | ✅TP: 3693 - 3688 – 3683
FM wishes you a successful trading day 💰💰💰
➡️ Gold (XAU/USD) started the week on a positive note, breaking out of last week's consolidation after hitting an all-time high near $3,690 on Tuesday. The move showed renewed buying interest as traders remained cautious ahead of a crucial week of policy decisions by major central banks.
➡️ Market attention is focused on the Federal Reserve's interest rate announcement this week, with a 25 basis point cut widely expected.
➡️ In addition, escalating geopolitical tensions in Russia-Ukraine and the Middle East continue to support gold, which is considered a safe-haven metal.
Personal opinion:
➡️ The 1-hour RSI is diverging, which is a reversal signal. However, the uptrend remains strong. At the same time, the appearance of a bull flag pattern is a sign of a strong uptrend. If the price does not break clearly below 3675, the uptrend will continue, heading towards 3700 and possibly beyond.
Personal Plan:
🔆Price Zone Setup:
👉Buy Gold 3654 - 3657
❌SL: 3650 | ✅TP: 3662 - 3667 – 3672
👉Sell Gold 3697 - 3700
❌SL: 3705 | ✅TP: 3693 - 3688 – 3683
FM wishes you a successful trading day 💰💰💰
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✅ t.me/+Y9T5_BwC7_JhMWM1
Join now !!!!
Channel: signals - knowledge and FOREX comments
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Bài đăng liên quan
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.