Confrontation between India and Pakistan pushes for risk aversio

25 apr

Yesterday, the gold market opened at 3291.1 in the morning and then the market rose directly. The daily line reached a high of 3367.7 and then fell under pressure. The daily line finally closed at around 3345, and the daily line closed with a long upper shadow line. After this pattern ended, the short positions at 3496, 3468 and 3442 this week were reduced and the stop loss was followed up at 3400.
SELL: 3340 Stop loss: 58

TP1: 3330
TP2: 3320
TP3: 3305

BUY: 3300 Stop loss: 3295-92

TP1: 3320
TP2: 3335
TP3: 3360


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25 apr

Trade attivo

Reference data for the day:

UK March seasonally adjusted retail sales monthly rate

Canada February retail sales monthly rate

U.S. April University of Michigan Consumer Confidence Index final value

U.S. April one-year inflation rate forecast final value