Get started
LUNGU_FX

XAUUSD/GOLD MIGHT BE BULLISH

Long
Gold Spot / U.S. Dollar (FOREXCOM:XAUUSD)  
LUNGU_FX  
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Fundamental Analysis Gold goldtradingstrategy
9
0
trendanalysis fundamental gold goldtradingstrategy
As we have seen from the 1st of march 2021 Gold has created a support zone of 1685.93 and 1674.70 and has held strong since then, proven by the retest on July 2022 and once more to be tested today. co-insiding with this is the supporting trendline. we could see some bearish movement until 12:00 PM South African time when the Philadelphia Fed Manufacturing Survey news is released. i will send a list of the news to look out for

12:30 USD
Philadelphia Fed Manufacturing Survey (Sep)

12:30 USD
Retail Sales (MoM )(Aug)

12:30
USD Retail Sales Control Group (Aug)
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.