Yesterday, gold shimmered in green, touching a peak of $2,200 during the overnight session for North American traders amidst a softer US Dollar. As Wall Street came to life, the Greenback prolonged its recovery phase, while a dip in US Treasury yields allowed the lustrous metal to sustain its verdant glow.
The 4-hour chart hints at easing upward pressure, with gold hovering around $2,175, yet showing no signs of an imminent downtrend. XAU/USD is thriving above its moving averages (EMA 34, 89) and the trendline suggests a bullish momentum, at least for the short to medium term, is solidly in place!
The 4-hour chart hints at easing upward pressure, with gold hovering around $2,175, yet showing no signs of an imminent downtrend. XAU/USD is thriving above its moving averages (EMA 34, 89) and the trendline suggests a bullish momentum, at least for the short to medium term, is solidly in place!
コメント:
トレード終了: 利益確定目標に到達:
Join the community group for the earliest support on short scalping and trading strategies!
✅ Knowledge of trading
✅ Support Free Trading Signals win rate 80%
FREE Chanel Signals: t.me/+TkyS7Rg4jN9iZjk1
✅ Knowledge of trading
✅ Support Free Trading Signals win rate 80%
FREE Chanel Signals: t.me/+TkyS7Rg4jN9iZjk1
