XAUUSD 06/07: Gold has many obstacles

XAUUSD With the authorities' uneasy mood, the more hawkish the Fed is, the more opportunities there are for the US Dollar to rise.

In general, the risk is tilted to the downside, the downside will be stronger when Gold slides below the $1890 price zone. Technical indicators continue to lose bullish strength in positive levels, currently approaching their midline with a modest downward slope.

Support level: 1,917.30 1,903.00 1,892.95
Resistance levels: 1,932.75 1,945.20 1,958.30

You might consider Sell XAUUSD around 1925 - 1922
And my goal will be 1915 – 1901

Note: Fully install TP, SL to prioritize safety in trading and conquering the market.

Trade attivo:

hit entry sell!

Trade chiuso: obiettivo raggiunto:

big win +220pips!