Are you waiting for a recover in GOLD?
⚡️Market news
The price of gold has continued its downward trend for the sixth consecutive day on Monday, as the US dollar seeks new demand amid cautious sentiment despite the US government avoiding a shutdown. The US Congress voted on Saturday to pass a temporary funding bill, with overwhelming support from the Democratic Party, to prevent a partial federal government shutdown for the fourth time in a decade.
Furthermore, the persistent hawkish tone from the US Federal Reserve combined with a resilient US economy continues to sustain optimism surrounding the US dollar and treasury bond yields, keeping gold prices from sinking further into a seven-month low.
⚡️Optimus's point of view
Gold price is trading below 1,844 USD, the lowest level since March 10 of this year. With the dollar index consolidating its previous recovery above 106.00, many investors are expecting a slight rebound in gold to start selling.
⚡️Plan trading
Three points that investors can consider to SELL gold are 1950, 1973, 1985
⚡️Note
Full SL settings for trading signals
Divide the trading volume to enter around the price range
If you feel the profit is enough, you can close 1/2 and move Sl to entry
The price of gold has continued its downward trend for the sixth consecutive day on Monday, as the US dollar seeks new demand amid cautious sentiment despite the US government avoiding a shutdown. The US Congress voted on Saturday to pass a temporary funding bill, with overwhelming support from the Democratic Party, to prevent a partial federal government shutdown for the fourth time in a decade.
Furthermore, the persistent hawkish tone from the US Federal Reserve combined with a resilient US economy continues to sustain optimism surrounding the US dollar and treasury bond yields, keeping gold prices from sinking further into a seven-month low.
⚡️Optimus's point of view
Gold price is trading below 1,844 USD, the lowest level since March 10 of this year. With the dollar index consolidating its previous recovery above 106.00, many investors are expecting a slight rebound in gold to start selling.
⚡️Plan trading
Three points that investors can consider to SELL gold are 1950, 1973, 1985
⚡️Note
Full SL settings for trading signals
Divide the trading volume to enter around the price range
If you feel the profit is enough, you can close 1/2 and move Sl to entry
Nota
Gold increased slightly from 1942 to 1946Nota
Gold is sideways in the 1840-1845 price rangeTrade attivo
update: three points that investors can consider to SELL GOLD are 1850, 1873, 1885Nota
exactly according to our first plan. Gold fell to 1830Nota
Do you think we will reach the target?Nota
Tonight's ADP news will determine whether the gold price reaches our target todayTrade chiuso: obiettivo raggiunto
near reach targetNota
1810 coming soonNota
active Plan Buy And SELL in new strategy + 200 pipsNota
waiting for gold's recovery to 1845Nota
Nota
reach targetTrade attivo
The 1912 support zone could be broken during the nonfarm session tonightNota
Hit FULL TP. + 500 pips for plan SELL, and + 200 pips for plan buyNota
Nota
new strategy update
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