#GOLD Sell📉 at 2735
StopLoss❗️: 2739
Scalp trading:
Take Profit 1️⃣: at 2730
Standart trading:
Take Profit 2️⃣: at 2720
Swing trading:
Take Profit 3️⃣: at 2703
New Signal⚠️
#GOLD Sell📉 at 2685.77
StopLoss❗️: 2689.69
Scalp trading:
Take Profit 1️⃣: at 2681.75
Standart trading:
Take Profit 2️⃣: at 2667.5
Swing trading:
Take Profit 3️⃣: at 2639.52
— — — — —
Be sure to use a stop loss❗️
— — — — —
You can do:
Move the SL to entry after reaching TP1
Move SL on TP1 after reaching TP2
Close part/all of the order at TP1
Close part/all of the order at TP2
New Signal⚠️
#GOLD Buy📈 at 2674.07
StopLoss❗️: 2670.17
Scalp trading:
Take Profit 1️⃣: at 2680.45
Standart trading:
Take Profit 2️⃣: at 2695.4
Swing trading:
Take Profit 3️⃣: at 2709.43
— — — — —
Be sure to use a stop loss❗️
— — — — —
You can do:
Move the SL to entry after reaching TP1
Move SL on TP1 after reaching TP2
Close part/all of the order at TP1
Close part/all of the order at TP2
👑 Ideas For #XAUUSD / #GOLD
📈 2685 breakout trigger. News ahead. A new conflict!
———————————————
GOLD stops correlating with the dollar. The price is testing the key resistance at 2685. Bulls continue to test this area and accumulate the potential for a breakout attempt. Important news on jobless claims and retail sales are ahead
China's economic problems have a negative impact on gold as the country is the world's top gold consumer. At the same time, markets are resorting to profit taking on long USD positions ahead of the release of the most important economic data - the US retail sales report.
BUT! Another escalation, but in another part of the world: North Korea has declared South Korea an enemy and completely cut off transportation links with it. The markets are clearly not going to let this fact pass their ears...
Technically, the buyers do not retreat from their intentions and continue to test the resistance with a breakdown target. A pre-breakdown consolidation and several possible scenarios are forming, no matter how many people don't like it.
Resistance levels: 2685
Support levels: 2674.5, 2665, 2658
A breakdown of resistance will trigger an impulse, and this is a logical scenario based on the technical situation on H1 (ascending triangle, accumulation and compression to the level).
BUT! The news can have an unpredictable impact. If gold forms a false breakout and goes back to 2674, having updated this low, the price may go even lower (to 2665, 2658), for liquidity, before returning to the way north
Fantastic trade today as always sir please send me your wallet address I want to invest 1100$ USD now.
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broo you need to teach me how to do this you almost make me feel like you got gold in the palm of your hands
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👑 Ideas For #XAUUSD / #GOLD
📈 Will the bears allow the bulls to go through ATH?
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GOLD is growing unpredictably towards ATH. The market did not react in any way to last week's US fundamental data and now the price is not reacting to strong levels and liquidity zones. Ahead of ATH after 3 weeks of forming...
Investors remain cautious as the US Fed is expected to follow a path of moderate interest rate cuts (skipping a cut in November, or a 0.25% cut)
The gold price is actively supported by the tense situation in the Chinese markets and lower US Treasury yields, which helps the gold price to take another leap towards the ATH.
Now all eyes will be on Thursday when China holds a press conference and the US retail sales report is released
Resistance Levels: 2680-2685
Support levels: 2665, 2658, 2645
Technically, I don't think that the market will let the resistance breakout happen the first time. The pullback from 2685, formed 3 weeks ago, was made on the back of strong economic data, so the huge pool of liquidity above 2685 can be defended quite aggressively by the bears.
Technically, there are no signs for the continuation of growth. They may appear after the retest, but it will become clear after the fact.