Gold Hits 3-Month High Amid Uncertainty
Updated
🌍 Market Update:
Gold surged to its highest level in nearly three months on Wednesday, January 22, trading just below its record high. The rally is driven by:
✨ Key Drivers:
💵 Weak USD: The USD Index hit a 3-week low, making gold more attractive for non-USD holders.
📉 Policy Uncertainty: Lack of clarity on Trump’s trade and economic policies supports gold as a safe-haven asset.
🔍 Trump’s Speech Insight:
During the inauguration, no clear economic or tariff policies were announced, hinting at strategic priorities. This fuels USD correction and strengthens gold. However, a pro-USD statement could trigger a sharp reversal, so stay cautious.
📈 Market Sentiment:
🟢 Bullish Trend: Gold remains strong but approaches critical resistance levels on D1 and H4.
❗ Caution: Avoid selling until reversal patterns or strong bearish signals emerge.
📊 Key Levels to Watch:
Resistance: 🟥 2764 - 2774 - 2788
Support: 🟩 2745 - 2725 - 2715 - 2705
🎯 Trading Plan for XAUUSD:
🟢 BUY SCALP:
Entry: 2746 - 2744
SL: 2740
TP: 2750 - 2754 - 2758 - 2762
🟢 BUY ZONE:
Entry: 2726 - 2724
SL: 2720
TP: 2730 - 2735 - 2740 - 2750
🔴 SELL SCALP:
Entry: 2774 - 2776
SL: 2780
TP: 2770 - 2767 - 2763 - 2760
🔴 SELL ZONE:
Entry: 2786 - 2788
SL: 2793
TP: 2782 - 2779 - 2775 - 2770
⚠️ Reminder:
📌 Trump’s critical speech today may affect monetary policies and gold prices.
📌 Always follow TP/SL rules to protect your account during high volatility.
👉 What’s your view on gold this week?
💬 Share your thoughts in the comments below!
📢 Follow KevinNguyen-SimpleTrade for daily insights, strategies, and precise trade setups! Together, we conquer the market! 🚀
Gold surged to its highest level in nearly three months on Wednesday, January 22, trading just below its record high. The rally is driven by:
✨ Key Drivers:
💵 Weak USD: The USD Index hit a 3-week low, making gold more attractive for non-USD holders.
📉 Policy Uncertainty: Lack of clarity on Trump’s trade and economic policies supports gold as a safe-haven asset.
🔍 Trump’s Speech Insight:
During the inauguration, no clear economic or tariff policies were announced, hinting at strategic priorities. This fuels USD correction and strengthens gold. However, a pro-USD statement could trigger a sharp reversal, so stay cautious.
📈 Market Sentiment:
🟢 Bullish Trend: Gold remains strong but approaches critical resistance levels on D1 and H4.
❗ Caution: Avoid selling until reversal patterns or strong bearish signals emerge.
📊 Key Levels to Watch:
Resistance: 🟥 2764 - 2774 - 2788
Support: 🟩 2745 - 2725 - 2715 - 2705
🎯 Trading Plan for XAUUSD:
🟢 BUY SCALP:
Entry: 2746 - 2744
SL: 2740
TP: 2750 - 2754 - 2758 - 2762
🟢 BUY ZONE:
Entry: 2726 - 2724
SL: 2720
TP: 2730 - 2735 - 2740 - 2750
🔴 SELL SCALP:
Entry: 2774 - 2776
SL: 2780
TP: 2770 - 2767 - 2763 - 2760
🔴 SELL ZONE:
Entry: 2786 - 2788
SL: 2793
TP: 2782 - 2779 - 2775 - 2770
⚠️ Reminder:
📌 Trump’s critical speech today may affect monetary policies and gold prices.
📌 Always follow TP/SL rules to protect your account during high volatility.
👉 What’s your view on gold this week?
💬 Share your thoughts in the comments below!
📢 Follow KevinNguyen-SimpleTrade for daily insights, strategies, and precise trade setups! Together, we conquer the market! 🚀
Trade active
🎯 100 Pips Profit – A Big Win on Trump’s Speech Day!
Today’s BUY plan hit the target!
The BUY signal in the $2,746 - $2,744 zone delivered an impressive 100 pips profit during the European session. Prices rebounded strongly from our entry zone and surged to $2,754 – a remarkable success in today’s unpredictable market!
🔥 Why this matters?
As the market braces for high volatility ahead of President Trump’s crucial speech, this trade highlights the power of precise analysis and timely execution. Despite the uncertainty, we stayed ahead and capitalized on the opportunity effectively.
📈 Check out the chart here to see how the plan unfolded:
💡 Key Takeaways:
✅ Patience and discipline yield results, even in uncertain conditions.
✅ With a solid strategy, success is attainable – even on volatile trading days like this.
👉 Don’t miss out on the next opportunity!
💬 Share your thoughts in the comments!
📢 Follow KevinNguyen-SimpleTrade for expert insights, actionable strategies, and more big wins. Let’s conquer the market together! 🚀
👋 KevinNguyen-SimpleTrade brings you exciting updates this week:
💥 Highlights for the Week
✅ Gold Signals: 4️⃣-6️⃣ signals daily, optimized for scalping!
✅ Forex Signals: 5️⃣-8️⃣ high-quality trades
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💥 Highlights for the Week
✅ Gold Signals: 4️⃣-6️⃣ signals daily, optimized for scalping!
✅ Forex Signals: 5️⃣-8️⃣ high-quality trades
👉 t.me/+IetBCbqmnp5iMjll
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