XAUUSD : Waiting for important economic data this week!

World gold prices traded in range at the beginning of the week as investors awaited upcoming important economic data reports.

Over the past week, gold has had strong fluctuations, rising to $2,034 and then falling to $2,012 following the PMI release on Thursday. After that, gold mainly traded within the $2,014 - $,2,024 price range from the weekend until now. Currently, gold is rising to $2,021.

This week, economic reports and interest rate decisions from the Fed will give gold the momentum it needs to break out. With the PCE index continuing to decline, the Fed may consider adjusting interest rates and supporting precious metals.

Comment:

🔝 XAUUSD : Trading plan January 29, 2024

🪙 We have 2 levels to have a good entry for the BUY signal :

💲 Entry 1 Buy Scalping : 2023 - 2025
💵TP1 : 2030
💵TP2 : 2035
🔴 SL : 2015

💲Entry 2 Buy Limit : 2019 - 2021
💵TP1 : 2025
💵TP2 : 2030
🔴 SL : 2015

🪙 We have 2 levels to have a good entry for the SELL signal :

💲Entry 1 Sell (Scalping) : 2031$ - 2033$
💵TP1 : 2025
💵TP2 : 2020
🔴 SL : 2040

💲Entry 2 Sell Limit : 2037 - 2039
💵TP1 : 2035
💵TP2 : 2029
🔴 SL : 2045

⚡️⚡️⚡️ Note: For transactions, please leave full TP and SL to ensure safety and bring profit from the market. ‼️

🔔 Admin : @Eva_trade811

Trade active:

entry 1 hit tp 1 50 pips - closed 1/2 and move sl to 2028

Trade active:

hit entry 1 sell

Comment:

Entry 1 Buy hit 80 pips move sl to 2030

Comment:

Entry 1 Sell hit 60 pips

Comment:

Entry 1 Sell - closed all 60 pips
Entry 2 Sell limit - 100 pips.

Trade active:

Entry 2 Sell limit - 120 pips.

Trade active:

Entry 2 Sell limit - 150 pips.