Plan XAU day: 17 June 2025
Related Information:!!!
Gold price (XAU/USD) extends its intraday directionless price move and remains below the $3,400 mark through the first half of the European session on Tuesday. Traders now seem reluctant and opt to wait for more cues about the Federal Reserve's (Fed) rate cut path before placing fresh directional bets. Hence, the focus will remain glued to the outcome of a two-day FOMC meeting on Wednesday, which should provide a fresh impetus to the US Dollar (USD) and the non-yielding yellow metal.
Heading into the key central bank event risk, the growing acceptance that the Fed would lower borrowing costs further in 2025 keeps the USD close to a three-year low touched on Friday and acts as a tailwind for the Gold price. Apart from this, persistent trade-related uncertainties and rising geopolitical tensions in the Middle East assist the safe-haven precious metal to stall the previous day's retracement slide from a nearly two-month top. This, in turn, warrants some caution for the XAU/USD bears.
personal opinion:!!!
Selling pressure in the European session on Tuesday, pay attention to support zones: 3373, 3352
Important price zone to consider : !!!
Buy point: 3373 , 3352
Sustainable trading to beat the market
Related Information:!!!
Gold price (XAU/USD) extends its intraday directionless price move and remains below the $3,400 mark through the first half of the European session on Tuesday. Traders now seem reluctant and opt to wait for more cues about the Federal Reserve's (Fed) rate cut path before placing fresh directional bets. Hence, the focus will remain glued to the outcome of a two-day FOMC meeting on Wednesday, which should provide a fresh impetus to the US Dollar (USD) and the non-yielding yellow metal.
Heading into the key central bank event risk, the growing acceptance that the Fed would lower borrowing costs further in 2025 keeps the USD close to a three-year low touched on Friday and acts as a tailwind for the Gold price. Apart from this, persistent trade-related uncertainties and rising geopolitical tensions in the Middle East assist the safe-haven precious metal to stall the previous day's retracement slide from a nearly two-month top. This, in turn, warrants some caution for the XAU/USD bears.
personal opinion:!!!
Selling pressure in the European session on Tuesday, pay attention to support zones: 3373, 3352
Important price zone to consider : !!!
Buy point: 3373 , 3352
Sustainable trading to beat the market
交易進行
Great trend , Buy point : 3373 ( support zone) " t.me/+JI8RNleKGC9mYTA1 "
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" t.me/+JI8RNleKGC9mYTA1 "
🍏 Welcome to : JAINY Channel
🍋Bringing you: free trends and analysis
🍇Let’s grow together
🍒Building a strong community
🍏 Welcome to : JAINY Channel
🍋Bringing you: free trends and analysis
🍇Let’s grow together
🍒Building a strong community
相關出版品
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。