30/05 - Gold struggles, wait for the recovery of strength
ที่อัปเดต:
The US dollar is gradually recovering. The market is facing fear when the news that the Fed will continue to raise interest rates appears.
Gold price has broken out of a volatile contraction pattern and is predicted to produce a vertical drop.
A daily close below the 100-day support is needed to continue the correction to the March 17 low of $1918. Deeper decline could challenge the $1,900 level.
The latest new resistance was formed at the polar region $1942-$1945. $1933-$1935 has been broken, zone $1920 will be retested.
We will wait for the next CB data news and price reaction to see the market next day.
XAUUSD
I'm waiting to buy 1926-1929
Stop Loss 1919
My own expected return is 1932-1938-1945
How about you?
NOTE: Always put TP, SL to keep your account safe and win the market!
Gold price has broken out of a volatile contraction pattern and is predicted to produce a vertical drop.
A daily close below the 100-day support is needed to continue the correction to the March 17 low of $1918. Deeper decline could challenge the $1,900 level.
The latest new resistance was formed at the polar region $1942-$1945. $1933-$1935 has been broken, zone $1920 will be retested.
We will wait for the next CB data news and price reaction to see the market next day.
XAUUSD I'm waiting to buy 1926-1929
Stop Loss 1919
My own expected return is 1932-1938-1945
How about you?
NOTE: Always put TP, SL to keep your account safe and win the market!
บันทึกช่วยจำ
Do you think gold will retest 192x today?
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