My_Forex_Team

🔥🔥GOLD TO 2330🔥🔥

Largo
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FOREXCOM:XAUUSD   Oro al contado/Dólar estadounidense
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INFORMATION

Gold price climbs steadily, eyeing Wednesday's $2,300 psychological figure amid high US Treasury bond yields and a soft US Dollar. Speeches from Federal Reserve officials, strong jobs data, and a dip in services business activity weighed on the American currency. Therefore, the XAU/USD spot price is at $2,295, refreshing all-time highs and gaining more than 0.60%.

Recently, Fed Chair Jerome Powell stated the US central bank has time to deliberate about rate cuts, given the strength of the economy and the inflation readings. He reiterated that if the economy evolves as expected, they will cut borrowing costs “at some point this year.”


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❤️NOTE

Gold price soars, supported by weakening US Dollar in face of high Treasury yields.
XAU/USD was boosted by Fed Chair Powell hinting at rate cuts within the year, contingent on sustained inflation decline.
Despite a strong job market as shown by ADP data, indications of a slowdown in services activity contribute to the precious metal's gains.

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⚡️ Only Trade With Risk Capital
⚡️ Cut Losses Short, Let Profits Run On
⚡️ Avoid Using Too Much Leverage
⚡️ Avoid Taking Too Much Heat
⚡️ Do Not Give in to Greed
⚡️ Take profit equal to 4-6% of your capital
⚡️ Stop lose equal to 2-3% of your capital
Comentarios:
Buy Limit @ 2278 - 2284 SL @ 2274
Comentarios:
SELL @ 2294 - 2297 TP @ 2283 SL @ 23307
Comentarios:
SELL TP OPEN CANCEL THE BUY LIMIET
Comentarios:
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📌 Gold Scalping Signals 3 - 6 signals
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