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XAUUSD: Next week!Greetings traders, I have valuable information to share with you ♥ Historically, January and August have been the most profitable months for gold, but in the past 25 years, March has consistently been the least profitable. The recent increase in gold prices can be attributed to a decrease in USD and yields after a significant shift in Fed rates. However, the future of gold prices will be largely influenced by the trajectory of US rates. If the Fed increases rates aggressively and discusses rates reaching 6%, gold prices will likely decrease even further. This could be further intensified by the typical decrease in gold prices during the seasonally weak month of March. March is seasonally weak for Gold Note: To obtain the signal, kindly click on the link provided in the description. Appreciate your cooperation.
OANDA:XAUUSDShort
by Sphyn-Trader
#Gold #XAUUSD downward movement potential with risk:reward= 5.2 #Gold #XAUUSD downward movement potential with risk:reward= 5.2 Analysis of Gold spot/US Dollar i.e XAUUSD Time frame:15 minutes What is the analysis? Break out on the upper side and reach the target. MACD Is crossing below zero, so we can expect a downtrend movement with risk:Reward=5.2.Sell at 2020 with SL 2035 and target 1871. HOPE our analysis is adding value to your Stock market trading Journey. NOTE: Published Ideas are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk. NOTE: RESPECT The risk. SL should not be more than 2% of the capital. Happy Trading
OANDA:XAUUSDShort
by TanujaK
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