Gold prices are rising, bulls are dominating
Hello everyone!
Overall, gold has struggled to find a recovery, Gold prices finally surpassed $2,050 after the US core PCE index failed to meet expectations
The US raises expectations that the Fed will cut interest rates in March 2024. In addition, gold prices also increased due to continued political instability. While tensions in Ukraine may linger, the situation in the Middle East remains tense.
About the next trend of gold:
The important news today is that the market will receive the Core Personal Consumption Expenditures (PCE) report, which is the Fed's preferred inflation measure. This report will give investors more clues about the Fed's future direction. On the chart: Gold has broken through resistance. If this news is favorable, gold could quickly move towards the expected level of $2072.
Do you believe we will make a big profit today?
Be disciplined with your transactions and set full TP and SL for each of your orders
Wish you successful trading
Overall, gold has struggled to find a recovery, Gold prices finally surpassed $2,050 after the US core PCE index failed to meet expectations
The US raises expectations that the Fed will cut interest rates in March 2024. In addition, gold prices also increased due to continued political instability. While tensions in Ukraine may linger, the situation in the Middle East remains tense.
About the next trend of gold:
The important news today is that the market will receive the Core Personal Consumption Expenditures (PCE) report, which is the Fed's preferred inflation measure. This report will give investors more clues about the Fed's future direction. On the chart: Gold has broken through resistance. If this news is favorable, gold could quickly move towards the expected level of $2072.
Do you believe we will make a big profit today?
Be disciplined with your transactions and set full TP and SL for each of your orders
Wish you successful trading
Comment:
What do you think about today's signal?
Comment:
We have news for USD today
Comment:
running 30 pips
Comment:
running + 100 pips
Comment:
Hit TP1+ 140 pips
Comment:
Hit TP2 + 240 pips
Free Signals : t.me/mastercurrencyforex
TP1: 2074
TP2: 2084
SL: 2045