Phenol_fx

XAUUSD Looking forward to the recovery for buyers

Short
Phenol_fx Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
Strategy and signals XAUUSD

✅As per our Technical Confluence indicator, the Gold Price floats within a $40 region multiple resistance area ahead of this week’s top-tier US inflation and employment clues.

✅That said, a convergence of the Pivot Point one-day R1 and the previous daily high guards the immediate recovery of the Gold Price near $1,928.

✅Following that, the 200-SMA on the four-hour (4H) chart and Fibonacci 61.8% on one-month, around $1,937, restricts further upside of the Gold Price.

✅In a case where the XAU/USD buyers keep the reins past $1,937, the Pivot Point one-week R2 around $1,945 will act as the last defense of the Gold sellers.
Comment:
We're going to have some pretty important news tonight. That is CB Consumer Confidence news. Signal I will update soon🥰🥰
Trade active:
The main plan for today's CB news will be to sell gold around the area 1929 - 1932

SL : 1938

TP 1 : 1926
Tp 2 : 1922
Tp 3 : 1918
Comment:
Signal is ready. Are you ready for good results?
Comment:
The sale plan is still going, my friends

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