The increasing force strong, gold is compressed waiting Nonfarm
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☁️The current trading level in today's Asian session is around 1995, but it has struggled to maintain stability at the 2000 mark. However, gold is expected to recover above the 2000 level soon, despite the increase in US Treasury yields and a stronger USD.
☁️Amidst the escalating conflict in the Middle East, gold prices continue to rise as investors seek the safety of this precious metal to protect their assets. This is the primary reason why gold remains stable at a high price range.
☁️Looking ahead, the market is eagerly anticipating the Federal Reserve's monetary policy meeting this week. It is crucial for investors to closely monitor the monetary policy decisions of influential countries such as the UK, US, Canada, and Japan, as they greatly impact the global economic situation.
☁️Additionally, this week will be significant with the release of the non-farm payroll report for October. The announcement of this news will make gold trading even more appealing than ever before.
☁️Plan trading:
SELL Price range 2000 -1998 SL 2005
BUY Price range 1977-1979 SL 1973
☁️The current trading level in today's Asian session is around 1995, but it has struggled to maintain stability at the 2000 mark. However, gold is expected to recover above the 2000 level soon, despite the increase in US Treasury yields and a stronger USD.
☁️Amidst the escalating conflict in the Middle East, gold prices continue to rise as investors seek the safety of this precious metal to protect their assets. This is the primary reason why gold remains stable at a high price range.
☁️Looking ahead, the market is eagerly anticipating the Federal Reserve's monetary policy meeting this week. It is crucial for investors to closely monitor the monetary policy decisions of influential countries such as the UK, US, Canada, and Japan, as they greatly impact the global economic situation.
☁️Additionally, this week will be significant with the release of the non-farm payroll report for October. The announcement of this news will make gold trading even more appealing than ever before.
☁️Plan trading:
SELL Price range 2000 -1998 SL 2005
BUY Price range 1977-1979 SL 1973
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