Gold trading strategy today!
Gold saw a slight uptick during the early Asian trading session, continuing its upward trend. The precious metal has been bolstered by global monetary easing policies, as noted by Tito Iakopa, Chief Trading Officer at FlowCommunity. On Monday, China's commercial banks slashed benchmark lending rates, following the European Central Bank’s rate cut last week. Geopolitical tensions, particularly in the Middle East, have also heightened gold's appeal as a safe-haven asset amidst the ongoing conflict with no clear resolution in sight.
Trading Recommendations Around Key Price Levels:
SELL XAUUSD at 2740-2742
Stop Loss: 2746
Take Profit 1: 2735
Take Profit 2: 2730
Take Profit 3: 2725
BUY XAUUSD at 2712-2714
Stop Loss: 2708
Take Profit 1: 2719
Take Profit 2: 2724
Take Profit 3: 2730
Reminder: Always set your Take Profit (TP) and Stop Loss (SL) to ensure optimal trading performance.
Trading Recommendations Around Key Price Levels:
SELL XAUUSD at 2740-2742
Stop Loss: 2746
Take Profit 1: 2735
Take Profit 2: 2730
Take Profit 3: 2725
BUY XAUUSD at 2712-2714
Stop Loss: 2708
Take Profit 1: 2719
Take Profit 2: 2724
Take Profit 3: 2730
Reminder: Always set your Take Profit (TP) and Stop Loss (SL) to ensure optimal trading performance.
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t.me/+HpvXxXyesls0YmM1
✅ Trading knowledge and answers to questions 24/7
✅Completely free.
👉Join by clicking the following link:
t.me/+HpvXxXyesls0YmM1
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