XAUUSD
amid FOMC speech realizes accumulated flag potential and strengthens, aiming for flat resistance, where it is at the moment
Published today:
Gold may decline with positive reports in the US market, but since the metal is in an uptrend and in a bullish set-up phase, I think that after retesting the flat resistance, the price may test one of the nearest supports before rising further. The SMA is again forming a cross.
Support levels: 1972.2, 1959.8
Resistance levels: 1983.7
I expect a storm in the market when the news is released. Report data may show a medium-term outlook. Gold chart so far gives hints of medium-term growth.
Regards R. Linda!
Published today:
- 12:30 GMT Core Durable Goods Orders (downgrade)
- 12:30 GMT GDP (QoQ) (improving)
- 12:30 GMT Initial Jobless Claims (?)
- 14:00 GMT Pending Home Sales (improving)
Gold may decline with positive reports in the US market, but since the metal is in an uptrend and in a bullish set-up phase, I think that after retesting the flat resistance, the price may test one of the nearest supports before rising further. The SMA is again forming a cross.
Support levels: 1972.2, 1959.8
Resistance levels: 1983.7
I expect a storm in the market when the news is released. Report data may show a medium-term outlook. Gold chart so far gives hints of medium-term growth.
Regards R. Linda!
🌹TRADING is a CASINO💔!?
NO‼️
You❗️CAN and ❗️SHOULD make money in trading!
Join me, I'll guide you to PROFITABLE TRADING💵!
🟢Free Telegram Channel:
t.me/RLindaTrade
🔴Contact:
t.me/RLindaSignals
🧿Web: rlinda.com
NO‼️
You❗️CAN and ❗️SHOULD make money in trading!
Join me, I'll guide you to PROFITABLE TRADING💵!
🟢Free Telegram Channel:
t.me/RLindaTrade
🔴Contact:
t.me/RLindaSignals
🧿Web: rlinda.com