US lawmakers have agreed "in principle" to increase the spending limit for the next two years, potentially preventing a US debt default before the June deadline.
This has eased concerns about economic disruption and boosted returns on risky assets.
However, gold prices have dropped as the dollar has strengthened, reaching two-month highs.
Markets anticipate a potential rate hike by the Fed in June, which is not favorable for non-yielding assets like gold.
If gold drops below $1,954 it may invite gold sellers, but an upward-sloping trend line from November 2022 challenge the bears at $1,930.
XAUUSD
SELL 1953-1955
Stop Loss 1963
My own expected return is 1950 - 1943 - 1935
BUY SCALP 1940-1943
Stoploss 1936
My own expected return is 1945 - 1950 - 1955
How about you?
NOTE: Always put TP, SL to keep your account safe and win the market!
This has eased concerns about economic disruption and boosted returns on risky assets.
However, gold prices have dropped as the dollar has strengthened, reaching two-month highs.
Markets anticipate a potential rate hike by the Fed in June, which is not favorable for non-yielding assets like gold.
If gold drops below $1,954 it may invite gold sellers, but an upward-sloping trend line from November 2022 challenge the bears at $1,930.
XAUUSD SELL 1953-1955
Stop Loss 1963
My own expected return is 1950 - 1943 - 1935
BUY SCALP 1940-1943
Stoploss 1936
My own expected return is 1945 - 1950 - 1955
How about you?
NOTE: Always put TP, SL to keep your account safe and win the market!
Not
Start buying entryNot
Buy 1940 -> 1945 +50pipsNot
GOLD 1949 +90PIPS
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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.
İlgili yayınlar
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.