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MrCharlie1
Apr 3, 2024 10:01 AM

XAUUSD MARKET INSIGHTS FACTS BREAK OUT FAKE OR REAL ...!! 

GOLD (US$/OZ)TVC

Description

✅ Xauusd Market Insight  📈📉

🔰OutLook 🔍

🔰RESISTANCE
◾2285
◾2297
◾2301

🔰SUPPORT
◾2270
◾2260
◾2253

Long position above 2285 with targets at 2297 & 2301 in extensions

Below 2285 and 2281 look further downside with 2270 / 2260 & 2253 as Support Target 🎯🎯


✅ BEST OF LUCK TO ME IF YOU LIKE THIS IDEA COMMENT AND FOLLOW THANKS FOR SUPPORT 🤞

Trade active

Trade active

NEWS RESULTS

USD🇺🇸
ISM Non-Manufacturing Prices (Mar)

Previous: 58.6
Expect: 58.4

Current: 53.4


Result: Negative for USD🇺🇸

Regards,

MrCharlie1

Trade closed: target reached

market perfectly work as the anlyse now seller are strong and pullback to support level 2280, 2270, and 2260. USD high news NFP coming soon in US session friday, lets see together what happend big movement.
Comments
MrCharlie1
Gold continues to break records and record a new peak.. Will the upward wave continue?

- Gold prices continued their record march during trading on Wednesday, as fears of inflationary pressures boosted demand for bullion as a means of hedging, with traders ignoring doubts about an imminent cut in US interest rates and rising Treasury bond yields.

- “Gold continues to receive safe-haven flows as Ukraine continues to attack Russia's oil infrastructure, to the point that it is ignoring rising US bond yields and the odds that the Fed will not cut interest rates in June,” said Matt Simpson, senior analyst at City Index.
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