Gold analysis October 25: WAIT TO SELL PLAN
💯UPDATE DAILY GOLD PLAN:
👉 Gold is lacking momentum due to weak safe-haven demand after global leaders sought to prevent the spread of the Israel-Hamas war.
👉 World leaders are pushing for a moratorium or ceasefire between Israel and Hamas in the Gaza Strip to provide humanitarian aid to besieged Palestinian civilians.
👉 A higher USD also limits the rise in gold prices, making gold more expensive for overseas buyers.
👉 Yesterday's plan, AE won the Sell bet of 180 pips, and the price was quite tense, fluctuating at this margin. Today, I still prioritize the Sell bet on the 1953 Resistance Zone
📌Today's trading plan:
🔽Gold Sell Zone: 1979-1981
SL 1984
TP 1970 -1965 -1953
🔼Gold Buy Zone: 1961-1963
Sl 1959
TP 1969
🔼Gold Buy Zone: 1953 - 1951
Sl 1949
TP 1961 - 1969
👉 Gold is lacking momentum due to weak safe-haven demand after global leaders sought to prevent the spread of the Israel-Hamas war.
👉 World leaders are pushing for a moratorium or ceasefire between Israel and Hamas in the Gaza Strip to provide humanitarian aid to besieged Palestinian civilians.
👉 A higher USD also limits the rise in gold prices, making gold more expensive for overseas buyers.
👉 Yesterday's plan, AE won the Sell bet of 180 pips, and the price was quite tense, fluctuating at this margin. Today, I still prioritize the Sell bet on the 1953 Resistance Zone
📌Today's trading plan:
🔽Gold Sell Zone: 1979-1981
SL 1984
TP 1970 -1965 -1953
🔼Gold Buy Zone: 1961-1963
Sl 1959
TP 1969
🔼Gold Buy Zone: 1953 - 1951
Sl 1949
TP 1961 - 1969
