🔔🔔🔔Gold news:
👉A cautious atmosphere dominates ahead of the release of US consumer inflation data, keeping Gold prices fluctuating within a tight range. The US Dollar (USD) sees a slight rebound as traders take profits after its recent decline.
👉The renewed strength in the USD and rising US Treasury bond yields are limiting Gold's recovery. However, if the annual headline and core CPI figures come in weaker than expected, it could strengthen expectations of Federal Reserve interest rate cuts this year. In that case, the USD and bond yields may come under pressure, providing a boost to Gold, which does not offer interest.
👉Conversely, if inflation data exceeds market expectations, Gold could give up its recent gains and decline further. Strong CPI numbers would support the Fed's cautious stance on inflation and rate cuts, potentially weighing on Gold prices due to its lack of yield appeal.
Personal opinion:
👉Gold is waiting for CPI news so it will run sideways in the 2,900 - 2,930 range
👉The Bullish Pennant pattern is gradually appearing, signaling a gold rally
👉At the same time, the SMA in this area is a strong support zone for gold prices, so it is difficult to break down
Analysis:
👉Based on resistance - support levels and SMA combined with price action to come up with a suitable strategy
Plan:
🔆Price Zone Setup:
👉Buy Gold 2,909 - 2,911 (European session)
❌SL: 2,904 | ✅TP: 2,915 - 2,920 - 2,930
👉Sell Gold 2,928 - 2,930 (European session)
❌SL: 2,934 | ✅TP: 2,925 – 2,920 – 2,910
👉Buy Gold 2,900 – 2,902
❌SL: 2,895 | ✅TP: 2,906 – 2,912 – 2,920
FM wishes you a successful trading day 💰💰💰
👉A cautious atmosphere dominates ahead of the release of US consumer inflation data, keeping Gold prices fluctuating within a tight range. The US Dollar (USD) sees a slight rebound as traders take profits after its recent decline.
👉The renewed strength in the USD and rising US Treasury bond yields are limiting Gold's recovery. However, if the annual headline and core CPI figures come in weaker than expected, it could strengthen expectations of Federal Reserve interest rate cuts this year. In that case, the USD and bond yields may come under pressure, providing a boost to Gold, which does not offer interest.
👉Conversely, if inflation data exceeds market expectations, Gold could give up its recent gains and decline further. Strong CPI numbers would support the Fed's cautious stance on inflation and rate cuts, potentially weighing on Gold prices due to its lack of yield appeal.
Personal opinion:
👉Gold is waiting for CPI news so it will run sideways in the 2,900 - 2,930 range
👉The Bullish Pennant pattern is gradually appearing, signaling a gold rally
👉At the same time, the SMA in this area is a strong support zone for gold prices, so it is difficult to break down
Analysis:
👉Based on resistance - support levels and SMA combined with price action to come up with a suitable strategy
Plan:
🔆Price Zone Setup:
👉Buy Gold 2,909 - 2,911 (European session)
❌SL: 2,904 | ✅TP: 2,915 - 2,920 - 2,930
👉Sell Gold 2,928 - 2,930 (European session)
❌SL: 2,934 | ✅TP: 2,925 – 2,920 – 2,910
👉Buy Gold 2,900 – 2,902
❌SL: 2,895 | ✅TP: 2,906 – 2,912 – 2,920
FM wishes you a successful trading day 💰💰💰
註釋
HIt + 55 pisp from 2909congratulations💰💰💰
註釋
TP1 2915 . DoneHit + 60 pips from 2909
交易進行
TP1:2915. DoneTP2: 2920 Done
Hit max +160 pips from 2909
Congratulations on your big profit!
交易結束：目標達成
Hit + 50 pips from Sell 2928Successful plan
註釋
achieve the original goal
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✅ t.me/+Y9T5_BwC7_JhMWM1
Join now !!!!
Channel: signals - knowledge and FOREX comments
Join now !!!!
Channel: signals - knowledge and FOREX comments
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。