Gold Market Overview
- Gold is currently trading near $2,630 with the $2,626 pivot level acting as a critical decision point for its next move.
- The weaker U.S. dollar is providing support to gold prices, as a softer dollar makes gold more affordable for non-dollar holders. The recent dollar decline stems from profit-taking after last week’s rally, which saw the dollar in an overbought state.
- Speculation surrounding Federal Reserve rate policy is also influencing the market. Traders are pricing in a 58.9% probability of a 25-basis-point rate cut in December, according to CME data. This speculation, combined with upcoming comments from Fed officials this week, is keeping investors focused on the potential for further monetary easing. Geopolitical risks, such as Russia’s recent large-scale airstrikes on Ukraine, add to gold’s safe-haven appeal, further supporting prices.
- Technical perspective, the $2,626 pivot level is critical. A sustained move above this level could trigger a bullish breakout, with resistance targets at $2,644, $2,659, and $2,676. However, strong resistance near $2,650, reinforced by the 200-day EMA, could limit gains. On the downside, a failure to maintain levels above $2,626 could lead to a pullback, with immediate support at $2,608, followed by $2,591 and $2,575. The 50-day EMA, located near $2,598, provides additional dynamic support.
GOOD MORNING TRADERS🏆
What’s the point of quitting now?You haven’t reach your end goal yet.
Failure makes us stronger.
Keep on hustling and never give up because your time will come!
ALL THE WAY TO TP1 30pips🚀🚀
Let’s close our profit now and set breakeven if you wish to hold now.
Nonstop smashing TP with me, I'm the best always 💯
NEWS SETUP TP2 60PIPS🚀🚀
Let’s close our profit now and set breakeven+ if you wish to hold now.
Let's focus on Scalping 🔥🔥🔥
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Читать полностью…#Gold Buy Now @ 2623-2620
Tp1 - 2625
Tp2 - 2628
Tp3 - 2633
Sl - 2618
Trade at your own risk
Wohooooooooo our buy also zero float guys ! Instant hit our tp 1 just like that ! Make sure to take profit now and hold only with breakeven okay ! Easy peasy up and down we conquer! 20 pips to the sky now ! 🔥🔥🚀🚀
Читать полностью…READY FOR MAPPING FIRST OKAY 🤑🔥
Monitor first sell zone @ 2660-2657 to look for sell ! -reason[W1 SBR/D1 SBR/H4 SBR/H1 SBR/H1 DBD]
Monitor second sell zone @ 2721-2718 to look for sell ! -reason[D1 SBR/H4 SBR/H4 BEARISH ENGULFING/H1 SBR/H1 DBD]
Monitor third sell zone @ 2789-2786 to look for sell ! -reason[D1 RESISTANT/D1 BEARISH ENGULFING/H4 RESISTANT/H4 DBD/H1 RESISTANT]
Monitor first buy zone @ 2521-2524 to look for buy ! -reason[W1 RBS/D1 RBS/H4 RBS/H4 RBR/H1 RBS]
Monitor second buy zone @ 2480-2483 to look for buy ! -reason[W1 RBS/W1 BULLISH ENGULFING/D1 RBS/H4 RBS/H1 RBS]
As for what we can see now price closed with a strong bearish candle last week in W1 and breakout the base in W1 . And if you look at D1 TF you can see price reject at the current support area in D1 . What i can say is price is heading towards our first sell zone then continue to waterfall ! But if price breakout current support area in D1 @ 2559-2556 we will focus more on sell okay guys !
So as for now stay Tuned okay guys !
Yihaaaaaa slowly recovery okay guys ! 25 pips to the sky now and hit our tp 1 guys ! Make sure to take profit now and hold 1/2 layer with breakevenn still okay ! 🔥🔥🚀🚀
Читать полностью…Yeahoooooooo fly like a birdy ! 25 pips to the sky now and hit our tp 1 already okay guys! Zero float babeh ! Make sure you have take profit now and hold 1/2 layer with breakeven okay ! 🔥🔥🚀🚀
Читать полностью…HELLO AND GOOD MORNING TO ALL MY FIFGHTERS 🔥
Are you guys ready to roll for today ?!! May today we be in blues as always guys ! If yesterday we have done our best today i will give more better than any other day 💪🏻!
Guys quick reminder again , if price has run 15-20 pips make sure you secure layer and leave 1/2 layer only with breakeven ! Never to closed all but to leave only 1/2 layer with breakeven okay ! And guys those education i give to you all, like the reason and all make sure you guys keep it and make a notes to yourself okay ! Because it may look simple but then you can implement it everywhere in market !
That up there the picture is shared is RBS(RESISTANT BECOME SUPPORT) technique. If there’s a resistant that has been breakout so that you guys knew that price is trying to make a reversal from sell to buy ! If this happens we will only focus buy till next resistant level to find sell !
Stay Tuned and Get Ready for today Okay Fighters 🔥🏆💪🏻
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48 hours investment plan
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Deposit $1000 get 16,000
Deposit $1,500 get 21,500
Deposit $2000 get. 26,500
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@Verified_Supportss
@Verified_Supportss
#Gold buy 2624.3-2620.3
Sl :2618.3
Tp1 :2625.8
Tp2 :2628
Slowly scalping buy gold - midrisk
NEWS SETUP TP1 30pips🚀🚀
Let’s close our profit now and set breakeven+ if you wish to hold now.
We focus on Scalping 🔥🔥🔥
Wohooooooo sharp like a knife guys our third round sell ! Zero float again instant hit our tp 1 just like that ! Almost 30 pips melts now ! Make sure to take profit and only to hold with breakeven okay ! 🔥🔥💦💦
Читать полностью…Easyy instant profit with me running 25 PiPs+ and smashed 1st TP 😎🚀
Close half now and put on breakeven !! Enjoy your first profit .
Yeahoooooooooo easy like peasy babeh ! Second round sell also zero float instant hit our tp 1 just like that ! Sorry guys we are just too good in this ! Make sure to take profit now and hold only with breakeven okay ! 20 pips running now 🔥🔥💦💦
Читать полностью…Wohooooooooo free dive babeh ! Zero float instant hit our tp 2 ! Easy peasy 45 pips melts guys ! Make sure to take profit now and keep hold 1/2 layer with breakeven okay ! 💦💦🔥🔥
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Читать полностью…