GOLD - 2650 Is Our TARGET
Mis à jour
Gold prices rose in the European market on Tuesday, extending their gains for the fourth consecutive day, recording a new historical level, supported by the current decline in the US dollar levels in the foreign exchange market.
Cautious comments from some Federal Reserve officials have increased the possibility of cutting US interest rates by about 50 basis points next November, pending the emergence of more evidence about this trend in the coming period.
Generally, the direction is uptrend.
Uptrend Side: the price has a sensitive movement, also stabilized above 2625, thus will support the price to rise more toward our target of 2650.
Downtrend Side: The price is expected to make a strong downward correction toward 2,625, particularly around 2,605, before initiating a bearish move.
Tendency Keys: 2568
Cautious comments from some Federal Reserve officials have increased the possibility of cutting US interest rates by about 50 basis points next November, pending the emergence of more evidence about this trend in the coming period.
Generally, the direction is uptrend.
Uptrend Side: the price has a sensitive movement, also stabilized above 2625, thus will support the price to rise more toward our target of 2650.
Downtrend Side: The price is expected to make a strong downward correction toward 2,625, particularly around 2,605, before initiating a bearish move.
Tendency Keys: 2568
Trade fermée: cible de profit atteinte
the gold rose and crossed out target 2650.
Trade fermée: cible de profit atteinte
Beware, the market has volatility the gold price closed the 4H candle above 2652.Trade fermée: cible de profit atteinte
Gold reaches record high on rate-cut bets, weaker U.S. dollar
about 4 Analysis per day.
With Clear entry point and target line with stopout zone
~900 pips per week —— Accuracy more than 88%
with best learning
Be Stronger With us
THANKS for your support
With Clear entry point and target line with stopout zone
~900 pips per week —— Accuracy more than 88%
with best learning
Be Stronger With us
THANKS for your support
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.