Keep abreast of current gold price fluctuations
⚡️Market news
The price of gold initially experienced a significant increase in trading before Wednesday's Fed meeting, rising from the day's opening level of around $1,931.00 to reach a peak of $1,947.00 just below the important level of $1,950.00.
XAU/USD dropped to $1,940.00 after the Federal Reserve (Fed) decided to keep interest rates steady at 5.5% for the time being. The Federal Open Market Committee (FOMC) has released its inflation expectations for the future and noted that inflation is slightly higher than previously forecasted.
Gold prices remained in decline for a third consecutive day around $1,925 during Asian trading on Thursday. As predicted, the Federal Reserve maintained its current policy rate at 5.5% during Wednesday's meeting.
⚡️Optimus's point of view
The downward pressure on gold is at the 1928 zone and gold is waiting for a move from unemployment news to break the 1930 zone again. Gold was greatly influenced by the Fed's interest rate announcement yesterday. Many traders may have made themselves a lot of profits or got stuck. Remember to update OP's latest strategy so you don't miss the best trading strategy.
Main support zone: 1915
main resistance zone 1934, 1947
⚡️Plan trading
BUY GOLD 1915
SL 1910
SELL GOLD 1935
SL 1940
Profits are your choice
⚡️Note
Full SL settings for trading signals
Divide the trading volume to enter around the price range
If you feel the profit is enough, you can close 1/2 and move Sl to entry
The price of gold initially experienced a significant increase in trading before Wednesday's Fed meeting, rising from the day's opening level of around $1,931.00 to reach a peak of $1,947.00 just below the important level of $1,950.00.
XAU/USD dropped to $1,940.00 after the Federal Reserve (Fed) decided to keep interest rates steady at 5.5% for the time being. The Federal Open Market Committee (FOMC) has released its inflation expectations for the future and noted that inflation is slightly higher than previously forecasted.
Gold prices remained in decline for a third consecutive day around $1,925 during Asian trading on Thursday. As predicted, the Federal Reserve maintained its current policy rate at 5.5% during Wednesday's meeting.
⚡️Optimus's point of view
The downward pressure on gold is at the 1928 zone and gold is waiting for a move from unemployment news to break the 1930 zone again. Gold was greatly influenced by the Fed's interest rate announcement yesterday. Many traders may have made themselves a lot of profits or got stuck. Remember to update OP's latest strategy so you don't miss the best trading strategy.
Main support zone: 1915
main resistance zone 1934, 1947
⚡️Plan trading
BUY GOLD 1915
SL 1910
SELL GOLD 1935
SL 1940
Profits are your choice
⚡️Note
Full SL settings for trading signals
Divide the trading volume to enter around the price range
If you feel the profit is enough, you can close 1/2 and move Sl to entry
Trade closed: target reached:
Gold prices (XAU/USD) recovered recent losses after falling to a weekly low of $1,913 during early Asian trading on Friday. At the time of writing, XAU/USD was up 0.08% on the day at $1,921.62
+100 pips strategy, congratulations to everyone following OP's strategy. New signals will be continuously updated on the article. Please pay attention to the group's latest posts.
+100 pips strategy, congratulations to everyone following OP's strategy. New signals will be continuously updated on the article. Please pay attention to the group's latest posts.
Comment:
If my analysis is correct, gold will touch the 1935 zone in today's trading session. Latest signal will be updated
Comment:
More than two and a half hours of PMI news being published. Entry sell 1935 is still used for trading
Comment:
