๐Ÿ”ฅโค๏ธGOLD TO 2370-2390๐Ÿ”ฅโค๏ธ

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โค๏ธMY FOREX TEAMโค๏ธ

INFORMATION

Gold price continues to rise amid growing geopolitical tensions. Gold prices hit record highs above $2,350 even as rate cut bets ease. A rally in gold persisted even as technical indicators showed the yellow metal was squarely in overbought territory.


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โค๏ธMY FOREX TEAM - Technical Analysis

Technical indicators SMA | EMA | MACD | SAR | VWAP | RSI | MARKET TREND | NEWS

โค๏ธ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.

โค๏ธMONEY CAPITAL MANAGEMENT

โšก๏ธ Only Trade With Risk Capital
โšก๏ธ Cut Losses Short, Let Profits Run On
โšก๏ธ Avoid Using Too Much Leverage
โšก๏ธ Avoid Taking Too Much Heat
โšก๏ธ Do Not Give in to Greed
โšก๏ธ Take profit equal to 4-6% of your capital
โšก๏ธ Stop lose equal to 2-3% of your capital
๋…ธํŠธ
Scalping gold sell @ 2348-2351 SL 2354
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