XAUUSD
Gold's short-term pullback has ended and it is expected to fall back to the intraday low at $1910.00. The Gold sell-off was triggered by the upbeat US Dollar Index DXY. Gold prices started the week on a solid footing and extended the slide. Growing concerns about a global recession, combined with the hawkish outlook of major central banks, could make it difficult for Gold to generate a decisive recovery in the near term.
Gold price demonstrated a severe decline after breaking of the Descending Triangle, which is a volatile narrowing chart pattern, formed on the H4 time frame.
The precious metal is trading below the EMA at $1960.00, which suggests that the long-term bias is bearish.
The Relative Strength Index RSI is oscillating in a falling range of 20.00-40.00, which shows that bearish momentum has been triggered.
You might consider Buying gold around
XAUUSD
1910 – 1913 (scalp) And my goal will be 1918 – 1923
You might consider Selling gold around
XAUUSD
1933 - 1930 And my goal will be 1923 – 1908
Note: Fully install TP, SL to prioritize safety in trading and conquering the market.
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Bank of America: There are early signs of investors exiting the technology sector.
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Fed has said that it will continue to raise interest rates to control inflation and this may push many US businesses into default.
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everything is possible
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SELL RUNNING +40PIPS
SELL RUNNING +40PIPS
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We can start round 2
トレード稼働中:
Plan sell +100pips. Entry at 1933 ❤️
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Hit entry 1923 💚
トレード稼働中:
PLAN BUY COMPLETE! BIG WIN!
PLAN SELL ACTIVITY GOING ON!
+100pips HIT TP1!!!
PLAN SELL ACTIVITY GOING ON!
+100pips HIT TP1!!!
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The US economy is now expected to narrowly dodge a recession this year, but underlying inflation will be faster than previously thought, according to a Bloomberg survey.
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PLAN SELL ROUND 2~~~ START!
