AJack_FX

⚡️ XAUUSD in the first 2 sessions of the week, trading was weak.

Short
AJack_FX Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
⚡️Gold continued to fall at the opening of 2 trading sessions this morning from the price range of 1848 to 1843 and is sideways in this range. H4 chart shows that, due to the weakness of the sellers, the market still silently supports the dollar. Even if the US does not close down, the economic situation shows that the pressure from the greenback is not over yet.

⚡️In addition to the Fed's hawkish expectations, risk-on sentiment is seen as another factor weakening the safe-haven precious metal. Global risk sentiment was boosted by a slightly better response to China's official PMIs and the passage of a temporary US government funding bill over the weekend.

BUY XAUUSD PRICE 1930 - 1932 ⚡️↠↠ STop 1925

→Profit 1  1935

→Profit 2  1945

SELL XAUUSD PRICE 1948 - 1950⚡️↠↠ STop 1957

→Profit 1  1940

→Profit 2  1935

⚡️Psychology, discipline and capital management are the three factors that make victory possible.⚡️



Comment:
Comment:
BUY XAUUSD PRICE 1930 - 1932 ⚡️↠↠ STop 1925
+ 50 pips
Trade active
Comment:
⚡️Everything is going according to plan
Comment:
⚡️Gold sank to a 7-month low on Monday, hanging on to the ropes of $1,800 support, as the dollar hit 10-month highs instead
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.