Hello,
We began the trading week on a positive note, achieving a significant victory with a take profit at 1930! It's worth noting that there is a chance of reaching 1938, but only if there is upward movement beyond 1931. Currently, there is a strong likelihood of a decline in price. Since the Federal Reserve is not expected to reduce interest rates, the dollar is likely to strengthen further, potentially causing a drop in gold prices. If the price breaks below 1912, it will likely move towards 1902. Nevertheless, despite these factors, the long-term outlook remains Bullish.
Trade with care
We began the trading week on a positive note, achieving a significant victory with a take profit at 1930! It's worth noting that there is a chance of reaching 1938, but only if there is upward movement beyond 1931. Currently, there is a strong likelihood of a decline in price. Since the Federal Reserve is not expected to reduce interest rates, the dollar is likely to strengthen further, potentially causing a drop in gold prices. If the price breaks below 1912, it will likely move towards 1902. Nevertheless, despite these factors, the long-term outlook remains Bullish.
Trade with care
Not
Updates will follow if anything changesNot
Its independence day today which is a bank holiday so there is expected to be less volumeNot
and off we go again top profit hit 1931Not
The price of gold is testing for support within the mid-channel region around the 1917 level. If the price manages to close above this level, there is a good probability of an upward swingNot
upward swing maxed out @ 1927
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.
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.