🔔🔔🔔Gold news:
➡️ Gold saw some investors taking profits during Thursday’s Asian session, giving back much of the previous day’s gains after reaching a new all-time high, as the Israel–Hamas peace deal eased demand for traditional safe-haven assets.
➡️ However, the release of the dovish FOMC meeting minutes on Wednesday and the ongoing U.S. government shutdown helped keep gold supported amid a slightly weaker U.S. dollar, while markets awaited a speech from Fed Chair Jerome Powell later in the day.
Personal opinion:
➡️ Gold prices are having a strong correction in the Asian session, and another correction is expected. The Elliot Wave model is working well and could break below the 4000 area.
➡️ Analysis based on support resistance levels and Elliot Wave combined with trend lines to come up with a suitable strategy
Personal Plan:
🔆 Price Zone Setup:
👉 Buy Gold 3990 - 3987
❌ SL: 3982 | ✅TP: 3995 - 4000 - 4005
👉 Sell Gold 4055 - 4058
❌SL: 4063 | ✅TP: 4050 - 4045 - 4040
FM wishes you a successful trading day 💰💰💰
➡️ Gold saw some investors taking profits during Thursday’s Asian session, giving back much of the previous day’s gains after reaching a new all-time high, as the Israel–Hamas peace deal eased demand for traditional safe-haven assets.
➡️ However, the release of the dovish FOMC meeting minutes on Wednesday and the ongoing U.S. government shutdown helped keep gold supported amid a slightly weaker U.S. dollar, while markets awaited a speech from Fed Chair Jerome Powell later in the day.
Personal opinion:
➡️ Gold prices are having a strong correction in the Asian session, and another correction is expected. The Elliot Wave model is working well and could break below the 4000 area.
➡️ Analysis based on support resistance levels and Elliot Wave combined with trend lines to come up with a suitable strategy
Personal Plan:
🔆 Price Zone Setup:
👉 Buy Gold 3990 - 3987
❌ SL: 3982 | ✅TP: 3995 - 4000 - 4005
👉 Sell Gold 4055 - 4058
❌SL: 4063 | ✅TP: 4050 - 4045 - 4040
FM wishes you a successful trading day 💰💰💰
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✅ t.me/+Y9T5_BwC7_JhMWM1
Join now !!!!
Channel: signals - knowledge and FOREX comments
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Channel: signals - knowledge and FOREX comments
منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.