âĪïļMY FOREX TEAMâĪïļ
INFORMATION
Gold loses ground below $2,040, US GDP data eyed
ðēBUY / SELL SIGNAL UPDATES SHORTLYðē
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âĪïļMY FOREX TEAM - Technical Analysis
Technical indicators SMA | EMA | MACD | SAR | VWAP | RSI | MARKET TREND | NEWS
âĪïļNOTE
Gold price holds below the mid-$2,000s amid a stronger US Dollar.
The Federal Reserve (Fed) officials warned patience is needed before beginning to cut rates.
The ongoing Middle East geopolitical tensions might boost safe-haven flows and benefit the gold price.
âĪïļMONEY CAPITAL MANAGEMENT
âĄïļ Only Trade With Risk Capital
âĄïļ Cut Losses Short, Let Profits Run On
âĄïļ Avoid Using Too Much Leverage
âĄïļ Avoid Taking Too Much Heat
âĄïļ Do Not Give in to Greed
âĄïļ Take profit equal to 4-6% of your capital
âĄïļ Stop lose equal to 2-3% of your capital