XAU/USD, gold/US dollar, is showing signs of a potential drop in day trading. Technical indicators point to a bearish outlook, with the 50-day moving average crossing below the 200-day moving average and the RSI indicating overbought conditions. The US dollar's strength and the Federal Reserve's hawkish stance are pressuring gold prices. Day traders can consider shorting XAU/USD at key resistance levels, setting stop-loss orders, and staying informed on economic data and geopolitical events. Overall, XAU/USD is likely to drop in the short term, providing trading opportunities for those prepared to act.
Entry: 2309.12
SL: 2314.72
TP1: 2298.87
#signal #xauusd #gold #TradeGod #daytrading
#forex
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Trade God out
Entry: 2309.12
SL: 2314.72
TP1: 2298.87
#signal #xauusd #gold #TradeGod #daytrading
#forex
Like share and comment for more
Trade God out
Trade active:
we are active lets make some money
Comment:
should be a good Drop going into London
Comment:
Tp2: 2295.55
Comment:
we have already dropped to 2305
$$$ is piling up don't forget to set trailing sL
$$$ is piling up don't forget to set trailing sL
Comment:
🩸🩸🩸 lets go we are bleeding
Comment:
closing in on tp1 lets see if we can get it... remember trailing SL
Trade active:
congrats tp1 hit
Comment:
congrats tp2 hit
Trade closed: target reached:
congrats $$$$