Gold confirm signal buy
Gold price plunged late on Tuesday in the aftermath of a hotter-than-expected US inflation report that exceeded estimates and prompted a jump in US Treasury bond yields. Then the yellow metal tumbled more than 1%, and the XAU/USD traded at $2,157.00 per troy ounce.
From a technical point of view, the daily chart for the XAU/USD pair shows the pair finally began correcting extreme overbought conditions, although that does not dismiss the chance of a higher high. The pair trades above the 23.6% retracement of the latest bullish run measured between $1,984.03 and $2,195.22, at $2,145.17.
Technical indicators head south but remain within the overbought territory, while the bright metal keeps developing far above its moving average. The 20 Simple Moving Average (SMA) heads firmly north at around $2,071, just a handful of $ above the 61.8% retracement of the aforementioned rally and a potential bearish target should the USD gain momentum.
Gold now buy 2157
Target 2162
Target 2166
Target 2170
Target 2200
SL 2140
From a technical point of view, the daily chart for the XAU/USD pair shows the pair finally began correcting extreme overbought conditions, although that does not dismiss the chance of a higher high. The pair trades above the 23.6% retracement of the latest bullish run measured between $1,984.03 and $2,195.22, at $2,145.17.
Technical indicators head south but remain within the overbought territory, while the bright metal keeps developing far above its moving average. The 20 Simple Moving Average (SMA) heads firmly north at around $2,071, just a handful of $ above the 61.8% retracement of the aforementioned rally and a potential bearish target should the USD gain momentum.
Gold now buy 2157
Target 2162
Target 2166
Target 2170
Target 2200
SL 2140
Not
Gold buy 30 pips runningNot
Follow my signalNot
Gold buy 40 pips runningNot
Target 1 Hit 50 pips done ✅Not
Gold buy 60 pips runningNot
Hello everyoneNot
Follow my signalNot
Gold buy 70 pips runningNot
Target 2 hit 80 pips done ✅Not
Target 3 Hit 130 pips doneNot
Gold buy 150 pips runningNot
Follow my signal
Gold signal
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t.me/ProTrader_9
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Check My Performance
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Gold signal
t.me/ProTrader_9
My Channel Link
t.me/ProTrader_9
Check My Performance
t.me/ProTrader_9
My Channel Link
t.me/ProTrader_9
Check My Performance
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.