Gold tests below $4,300 amid strengthening USD October 21Joint statement Ukraine – EU – Trump – Europe:
=> Call for an immediate ceasefire and start peace negotiations.
=> The market reacts risk-on, money flows out of gold => gold drops sharply.
echnical analysis: H1 is in the process of correction after continuously setting the ATH peak, gradually forming a head and shoulders pattern, buyers right at the 4178-4180 area are quite clear.
BUY GOLD : 4180 - 4178
SL: 4172
TP: 50 - 200 - 400PIPS
SELL GOLD : 4320 - 4322
SL: 4330
TP: 50 - 200 - 400PIPS
Trade according to price trends, do not trade predictions, manage and be responsible for your account !
