Gold prices weakened after hitting an important resistance level

ที่อัปเดต:
Although gold prices increased slightly yesterday, they adjusted back down early this morning.

Gold prices continued to recover during the session on February 20, approaching the resistance level at $2,030. However, this morning the gold price had a slight correction and is currently trading around the construction level of $2,026. Gold's rise is currently being blocked by market expectations that the Fed will continue to keep interest rates unchanged in the near future.

On frame D1, the RSI index rebounded strongly to 50, strengthening the short-term recovery momentum. Immediate resistance is the 21-day MA at $2,023, then the 50-day MA at $2,033. Breaking these resistances will attract more buying pressure, with buyers targeting the February 7 peak at $2,044 and key resistance at $2,050.

On the contrary, if gold prices fall beyond Monday's session low near $2,011, the decline could extend to $2,005 and the 100-day MA at $2,000.
การซื้อขายยังคงดำเนินอยู่
SELL 2030 - 2033

TP1 : 2025
TP2 : 2020

SL 2040
บันทึกช่วยจำ
running 30 pips
บันทึกช่วยจำ
running 50 pips
บันทึกช่วยจำ
hit 120 pips
ForexforexsignalsforextradingFundamental AnalysisTechnical IndicatorssignalsignaltradessignaltradingtradingtradingsignalsTrend Analysisxauusdsignal

👉 Free Signals Everyday: t.me/SantaTradeProInsightsFX
👉 Support 24/7 and More
👉 Join the group to profit every day.
👉 @bellatrader_2509

การนำเสนอที่เกี่ยวข้อง

คำจำกัดสิทธิ์ความรับผิดชอบ