XAUUSD Gold Update XAUUSD : The gold market will open shortly. Technical indicators such as MACD and RSI are giving a buy signal. It is expected that after the market opens, gold may temporarily drop to 4007, after which an upward movement is possible, where prices could rise again to 4016 or above.
Gold is expensive now you late...but there is a set up for buy...at the current price Tp @ 4,028.763 tight stoploss at 4,008.048
But now you are buying where sellers can sell anytime...push price to 3,992.929.
If things worked out well on your buy trade breaking and closing above at 4,028.763 you have a chance now to trail your stoploss or breakeven but if price got rejected you might lose the trade...not because you wrong but because you were late
How this is gonna happen...once price break that level lot of people will buy there that will make sellers powerless price might consolidate or retest but not pullback
Lool I'm 🤣 Joking guys that's just my theory it doesn't mean anything safe Trading 🫡
GOLD Heightened war tensions in the region may increase Gold volatility. If price reacts to the risk-off sentiment, sharp moves could occur — trade with proper risk management
GOLD Markets saw Trump’s remarks as easing U.S. - China tensions. Optimism about trade stability reduced demand for safe-haven assets, causing gold to drop to $3,700 as investors shifted toward risk assets and the dollar strengthened.
GOLD market will open fiew minute market closed strong around 4017 confirming bullish pressure. As long as price holds above 4000–4005 zone momentum may continue toward higher levels. Buyers remain dominant follow the trend use SL below support.
XAUUSD Gold Update XAUUSD :
