New Signal⚠️
#GOLD Sell📉 at 2695.87
StopLoss❗️: 2699.89
Scalp trading:
Take Profit 1️⃣: at 2691.72
Standart trading:
Take Profit 2️⃣: at 2679.58
Swing trading:
Take Profit 3️⃣: at 2659.53
— — — — —
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
Fed cuts rate by 0.25% to 4.75%
Powell:
- we have gained confidence that inflation is on a steady path toward the 2% target, inflation is on a steady path toward a decline to 2%
- if labor market conditions deteriorate, we can act more quickly. The Fed can both slow down and accelerate monetary easing depending on the situation
!! Powell signaled his intention to keep cutting the rate further
New Signal⚠️
#GOLD Sell📉 at 2697.74
StopLoss❗️: 2701.72
Scalp trading:
Take Profit 1️⃣: at 2693.52
Standart trading:
Take Profit 2️⃣: at 2679.55
Swing trading:
Take Profit 3️⃣: at 2659.88
— — — — —
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 Sell📉 at 2691.77
StopLoss❗️: 2695.89
Scalp trading:
Take Profit 1️⃣: at 2687.71
Standart trading:
Take Profit 2️⃣: at 2679.52
Swing trading:
Take Profit 3️⃣: at 2659.87
— — — — —
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
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Читать полностью…👑 Ideas For #XAUUSD / #GOLD
📈 The US election and how does XAUUSD depend on it?
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GOLD is waiting for strong news. The price continues to test and even update local lows, but in the next 1-2 days you need to be careful as high volatility is expected
The main issue on the agenda is the US presidential election. High volatility is expected. Until last week, markets were pricing in a Trump victory (his policies on immigration, tax cuts and tariffs will put upward pressure on inflation, bond yields and the US dollar). But on Monday, the situation showed a slightly different picture, with the odds of a Harris victory (opposite, successor, policies) rising
In addition, expectations of a less aggressive easing cycle from the Fed are also supporting the dollar.
Also, markets are taking into account the ongoing Middle East conflict between Israel and Iran.
Technically, the emphasis of the flat boundaries. While the price is trading inside, but most likely an attempt to get out of the accumulation will be formed....
Resistance levels: 2745, 2758
Support levels: 2731, 2724, 2713
Technically, gold continues to test support with the aim of retesting deeper liquidity zones below. But the risks are quite high right now. Gold is still feeling the support, so there could be unpredictable market reactions depending on the outcome!
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Читать полностью…👑 Ideas For #XAUUSD / #GOLD
📈 Fundamental Swing. What to expect from gold?
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GOLD updates the low to 2643. The reason - change of fundamental background and outflow of funds to safer assets... But, Powell supported the metal by lowering the US interest rate...
Overall, the fundamental backdrop for gold has changed to negative. The impact is not short-term and can only increase further, but the metal will be supported by the Chinese market and the Middle East conflict. Yesterday gold strengthened to 2710, testing key resistance on the back of 0.25% interest rate cut. Powell gave a hint that the Feds are generally willing to continue the easing course. The environment is quite interesting...
Technically, gold is in a local descending channel and below 0.5 Fibo. If the bears keep the 0.5 - 0.7 fibo zone under their control, gold may continue to weaken towards 2650 - 2600.
Resistance levels: 2696, 2714, 2720
Support levels: 2685, 2652
Technically, after a busy week, the metal may go into a consolidation phase, for example in the area of 2714 - 2685, but it is still worth paying attention to resistance and support from which strong moves can be formed...
👑 Ideas For #XAUUSD / #GOLD
📈 U-turn and fall... Waiting for Powell (Fed)
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GOLD is forming a reversal setup with a bias for the medium and long term. The fundamental background is changing in favor of the dollar at the expense of gold, as well as changing the targets...
Trump is the new (old) president of the United States. What does that mean? Rising inflation, a rising dollar, stock market and bonds are possible, but not gold or currency markets. But because Trump's policies promise to be tough on China and Europe, gold may get additional support from investors, but not in the near term, perhaps not in the next year. What are the targets to gold going forward? 2400, 2300, 2200. 2K is not excluded.
Now all eyes are on the Fed rate meeting later on Thursday. Will they cut 0.25% or keep the rate the same? The important aspect in that case is the regulator's comments and hints (slowing down the easing cycle is not ruled out). Waiting for Powell...
Technically, gold is returning to the range, so the focus is on the internal levels and the key 0.5 fibo, from which the decline may resume
Resistance levels: 2670, 2685, 2696
Support levels: 2652 (trigger), 2637, 2624
A correction after the spill is being formed. False breakdown and subsequent consolidation below the above resistance levels will be a signal for the continuation of the fall
New Signal⚠️
#GOLD Sell📉 at 2727.54
StopLoss❗️: 2731.94
Scalp trading:
Take Profit 1️⃣: at 2722.62
Standart trading:
Take Profit 2️⃣: at 2707.67
Swing trading:
Take Profit 3️⃣: at 2689.81
— — — — —
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