There are signs of gold's recovery

15 Ağu 2023

GOLD Price cheers US Dollar decline, as well as mixed effect on market consolidation ahead of top US data/events to depict recovery correction rebound from 5-week low.

Going forward, US Retail Sales for July, expected to be 0.4% month-on-month versus 0.2% prior, will be important to keep an eye on the intermediate directions of GOLD Price.

US retail sales, FOMC Minutes looking for clear directions, risk catalysts also in the spotlight.

Trading plan:

SELL XAUUSD: 1919 - 1921

Stoploss : 1926

Take Profit : 1915
Take Profit : 1910
Take Profit : 1900

Note : TP, SL full to be safe and win the market !

15 Ağu 2023

Not

Keep waiting for gold to hit the entry

16 Ağu 2023

Not

Do you think gold will hit our entry today

16 Ağu 2023

Not

Just wait for the new signal

16 Ağu 2023

Not

Wait for this plan to come to FOMC