Forex_Analysis_Wing

XAUUSD: The Fed's talks started a rising band

OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold rose immediately after Fed's Dovish remarks early. Gold rising sharply after the Federal Reserve interest yesterday that clearly showed a surprising moment of the Gold and after giving some good breakouts, now Gold holds the bullish today.

Gold price reached again at $2040.00 after recovering from the 50 days Exponential Moving Average (EMA). In early December 3, 2023, Gold reached at the highest around $2150.00 in the history of the Gold and made a resistance.

Now, again The Relative Strength Index (RSI) (14) has recreated a bound near 60.00. If the The Relative Strength Index(RSI) (14) manages to climb above the 60.00, the bulls will strengthen more.

The Gold price is looking to deliver more gains. After Critical, Technical, Algorithm and Fundamental analysis following targets are strongest ones.

XAUUSD

TARGET (A) $2068.389
TARGET (B) $2088.948
TARGET (C) $2150.110


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Trade active:
Gold reached at $2054 and looking in the uptrend direction to achieve the targets. For more updates keep following me.
Trade active:
Gold reached at $2054 & hitting almost 200+ Pips and now its looking in the uptrend direction to achieve the targets. For more updates keep following me.
Trade closed manually:
Gold reached at $2063 & hitting almost 290+ Pips and now its looking in the uptrend direction to achieve the targets. For more updates keep following me.
Trade closed: target reached:
Gold reached at $2070 & hitting almost 260+ Pips and now its looking in the uptrend direction to achieve the targets. For more updates keep following me.
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