🔔🔔🔔Gold news:
➡️ Gold continues to attract strong buying interest, aiming for the $4,250 mark during Thursday’s Asian session. The precious metal keeps setting new record highs as expectations for a U.S. rate cut and ongoing trade tensions boost demand for safe-haven assets. Meanwhile, the U.S. government shutdown remains a drag on the greenback, further supporting gold prices.
Personal view:
➡️ TheU.S. dollar is broadly weakening and likely to continue its downward trend. Although gold is currently in overbought territory, a corrective decline seems unlikely. The precious metal is expected to maintain its upward momentum toward $4,250, and possibly extend gains to around $4,300 later today.
➡️ Analysis based on support, resistance and Fibonacci levels combined with trend lines to come up with an appropriate strategy
Personal Plan:
🔆Price Zone Setup:
👉Buy Gold 4214 - 4211
❌SL: 4206 | ✅TP: 4218 - 4223 – 4228
👉Sell Gold 4294 - 4297
❌SL: 4302 | ✅TP: 4290 - 4285 – 4280
FM wishes you a successful trading day 💰💰💰
➡️ Gold continues to attract strong buying interest, aiming for the $4,250 mark during Thursday’s Asian session. The precious metal keeps setting new record highs as expectations for a U.S. rate cut and ongoing trade tensions boost demand for safe-haven assets. Meanwhile, the U.S. government shutdown remains a drag on the greenback, further supporting gold prices.
Personal view:
➡️ TheU.S. dollar is broadly weakening and likely to continue its downward trend. Although gold is currently in overbought territory, a corrective decline seems unlikely. The precious metal is expected to maintain its upward momentum toward $4,250, and possibly extend gains to around $4,300 later today.
➡️ Analysis based on support, resistance and Fibonacci levels combined with trend lines to come up with an appropriate strategy
Personal Plan:
🔆Price Zone Setup:
👉Buy Gold 4214 - 4211
❌SL: 4206 | ✅TP: 4218 - 4223 – 4228
👉Sell Gold 4294 - 4297
❌SL: 4302 | ✅TP: 4290 - 4285 – 4280
FM wishes you a successful trading day 💰💰💰
Trade active
personal plan:Touch 4292 and Down 4261 . Crazy
not match Sell zone 4294 - 4297. what a pity
Trade closed: target reached
complete the original plan
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✅ t.me/+Y9T5_BwC7_JhMWM1
Join now !!!!
Channel: signals - knowledge and FOREX comments
Join now !!!!
Channel: signals - knowledge and FOREX comments
Related publications
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.