Liquidity Crisis Drives Gold Down: Seize the Market Opportunity
🔍 Market Overview Gold prices dropped more than 1% amidst a strong sell-off in the global market, driven primarily by the decline in global stock markets rather than just interest rates or currency movements. This sell-off is tied to liquidity issues, as gold is being sold alongside other risk assets, reflecting a minor liquidity crisis.
💡 Key News: Fed Policy Meeting (29/01): Policymakers are expected to maintain current interest rates, but all eyes will be on signals regarding future decisions. Trump’s Tariff Policies: His actions could fuel inflation, creating additional volatility for USD and gold. 📊 Technical Analysis & Strategy Summary Yesterday’s analysis played out perfectly, with the market aligning with predictions. Clear corrections delivered 400 PIPS profit from the daily plan and nearly 1,000 PIPS from PREMIUM_SIGNAL.
Today, focus remains on retracement waves to find key SELL opportunities at resistance zones.
⚠️ Important Notes Wide price range: Recent days have seen broad ranges, like yesterday’s 60-point swing, so trade cautiously. Risk management: Always adhere to Take-Profit (TP) and Stop-Loss (SL) levels to safeguard your account.
📢 Take Action Now! 👉 Follow KevinNguyen-SimpleTrade to get daily market insights and winning strategies! 🚀 👉 Wishing you successful trades and profitable sessions ahead! 💰