XAUUSD started the week with growth, hitting a new all-time high amid geopolitical risks and threats of new tariffs from the US, and is now consolidating around $4,700...
Fundamental situation
Trump threatened to impose tariffs on eight European countries over the issue of buying Greenland.
Escalating tensions around Ukraine and Iran.
Fed:
Expectations of policy easing are supporting gold, but the appointment of a new Fed chair could slow down aggressive rate cuts. The investigation into Powell continues...
This week, PCE inflation data (Thursday) and US GDP for the third quarter are important.
Gold's rise since the beginning of the year has been independent of the strengthening dollar, underscoring the strength of internal drivers. However, a confident breakout to $5,000 will require confirmation of lower inflation in the US and continued high demand for safe-haven assets. Corrections may be profitable against the backdrop of an aggressive bullish trend...
Resistance levels: 4678, 4691, 4700
Support levels: 4656, 4650, 4640
Within the current range, I focus on the zones 4656 - 4650 - 4639. There is a high probability of a long squeeze/false breakout of support. However, I do not rule out the possibility of a local correction due to the holiday in the US (low liquidity, profit-taking may trigger a correction) before growth.
Best regards, R. Linda!
Trade aktif
Trading ditutup: target tercapai
🌹TRADING is a CASINO💔!?
NO‼️
Join me, I'll guide you to PROFITABLE TRADING💵!
(don't copy, click on the links!)
🟢Telegram Channel: telegram.me/RLindaTrade
🧿 Web: rlinda.com
🔴Contact: telegram.me/RLindaSignals
NO‼️
Join me, I'll guide you to PROFITABLE TRADING💵!
(don't copy, click on the links!)
🟢Telegram Channel: telegram.me/RLindaTrade
🧿 Web: rlinda.com
🔴Contact: telegram.me/RLindaSignals
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
🌹TRADING is a CASINO💔!?
NO‼️
Join me, I'll guide you to PROFITABLE TRADING💵!
(don't copy, click on the links!)
🟢Telegram Channel: telegram.me/RLindaTrade
🧿 Web: rlinda.com
🔴Contact: telegram.me/RLindaSignals
NO‼️
Join me, I'll guide you to PROFITABLE TRADING💵!
(don't copy, click on the links!)
🟢Telegram Channel: telegram.me/RLindaTrade
🧿 Web: rlinda.com
🔴Contact: telegram.me/RLindaSignals
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.