TradingView
linofx1
May 3, 2023 9:26 PM

XauUsd Update... 

GOLD (US$/OZ)TVC

Description

↪️XauUsd jump to a strong horizontal resistance zone, from where I'm expecting a Bearish correction. The price reached its highest level since mid-April above 2030 as US Treasury bond yields fell sharply in response to the Fed's dovish language in the policy statement. During Chairman Powell's press conference, however, XauUsd erased a portion of its daily gains. So, after the Bearish correction the pair might continue with the bullish momentum....Trade safe 👍✅
Comments
ProjectSyndicate
nice work today
linofx1
pejman_zwin
Made me follow your page.📟
linofx1
@pejman_zwin thanks mate
LegionQ8
Your gold idea seems to be very accurate, I think the same
linofx1
@LegionQ8 cheers
More