XAU#3: Gold Rises and Trading Plan
💎 💎 💎 Plan ahead to help you make a profit. Leave a comment and tag your friends to share. 💎 💎 💎
Today I will continue to bring everyone a perspective on XAU and the next trading plan.
1️⃣ **Fundamental analysis:**
📊 🔴 US inflation accelerated in December and the Fed is facing a new challenge. This increases risk sentiment for the market.
▫️ In addition, some analysts are pointing out that Trump's job cut plan could push the unemployment rate up. The US economy faces more risks, causing money to flow into secured assets such as: Gold, BTC ....
2️⃣ **Technical Analysis:**
🔹 **D Frame:** Yesterday's closing showed a strong increase in gold after the announcement of the inflation index. The price will continue to find the resistance area above.
🔹 **H4 Frame:** The bullish price structure remains intact.
🔹 **H1 Frame:** The price has completely broken through the resistance area of 269x. The next target will be the area of 2725~2752
3️⃣ **Trading Plan:**
Thanks to the previous plan, we have made a small profit. You can see that planning in advance gives us an overview and shapes our trading psychology
⛔ **Absolutely do not SELL** at the present time, when the price structure shows an upward trend in both the short and long term
✅** If you want to BUY in the right direction to make a profit**, we can completely wait until the price returns to the support zone below as I have drawn on the chart. Or if you cannot be patient, remember that you should trade with a small volume and accept that you will lose that amount of money
📌 For any questions, please contact us directly. I am ready to answer you for free
💪 **Wish you successful trading!** 🚀
Today I will continue to bring everyone a perspective on XAU and the next trading plan.
1️⃣ **Fundamental analysis:**
📊 🔴 US inflation accelerated in December and the Fed is facing a new challenge. This increases risk sentiment for the market.
▫️ In addition, some analysts are pointing out that Trump's job cut plan could push the unemployment rate up. The US economy faces more risks, causing money to flow into secured assets such as: Gold, BTC ....
2️⃣ **Technical Analysis:**
🔹 **D Frame:** Yesterday's closing showed a strong increase in gold after the announcement of the inflation index. The price will continue to find the resistance area above.
🔹 **H4 Frame:** The bullish price structure remains intact.
🔹 **H1 Frame:** The price has completely broken through the resistance area of 269x. The next target will be the area of 2725~2752
3️⃣ **Trading Plan:**
Thanks to the previous plan, we have made a small profit. You can see that planning in advance gives us an overview and shapes our trading psychology
⛔ **Absolutely do not SELL** at the present time, when the price structure shows an upward trend in both the short and long term
✅** If you want to BUY in the right direction to make a profit**, we can completely wait until the price returns to the support zone below as I have drawn on the chart. Or if you cannot be patient, remember that you should trade with a small volume and accept that you will lose that amount of money
📌 For any questions, please contact us directly. I am ready to answer you for free
💪 **Wish you successful trading!** 🚀
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