💥XAUUSD Analysis as of October 31st💥
- Yesterday's session saw selling at the high and buying at the low.
-Today's session is about buying and selling
🔴There was no strong news regarding the US dollar yesterday. The main factors that affect the price of gold. Most of the news supporting gold prices seems to be about tensions in the Middle East.
🔴According to aggregated data, this position would result in a profit of almost $20 million if the 10-year Treasury rate rises to 5.20% before the option expires on November 24th.
📌 Lots of news about USD today, attracting the attention of new traders
Reference strategies for investors:
Sold XAUUSD around 1998-2000-2007
❌SL 50PIP
💰 City 1 1995
💰 City 2 1990
💰 City March 1985
Purchased around 1985-1990
❌SL 1980
💰 City 1 1993
💰 City 2 1997
💰 City March 2010
- Yesterday's session saw selling at the high and buying at the low.
-Today's session is about buying and selling
🔴There was no strong news regarding the US dollar yesterday. The main factors that affect the price of gold. Most of the news supporting gold prices seems to be about tensions in the Middle East.
🔴According to aggregated data, this position would result in a profit of almost $20 million if the 10-year Treasury rate rises to 5.20% before the option expires on November 24th.
📌 Lots of news about USD today, attracting the attention of new traders
Reference strategies for investors:
Sold XAUUSD around 1998-2000-2007
❌SL 50PIP
💰 City 1 1995
💰 City 2 1990
💰 City March 1985
Purchased around 1985-1990
❌SL 1980
💰 City 1 1993
💰 City 2 1997
💰 City March 2010
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