XAUUSD : Gold is recovering after the FOMC meeting minutes

Gold rebounded despite FOMC meeting minutes maintaining "hawkish" stance

World gold prices were not negatively affected in the context that this morning's FOMC meeting minutes did not create a surprise for the market.

During the February 21 session, gold prices increased to $2,031 as the USD weakened in the context of investors cautiously waiting for the FOMC meeting minutes but fell below $2,022 at the end of the day. After that, precious metals recovered strongly this morning in the context that the FOMC meeting minutes results did not surprise the market. Gold is currently recovering to $2,026.

Today, the market will receive unemployment benefit applications along with the US PMI index, both of which are important data to help investors have more information about the situation of the world's largest economy. gender.

Trade active:

buy 2023 - 2025

TP1 : 2030
TP2 : 2035

SL : 2017

Comment:

buy limit 2019 - 2021

TP 2025
TP2 2030

SL 2015

Comment:

Sell limit 2030 - 2033

TP1 : 2025
TP2 : 2020

SL : 2040

Comment:

Sell 2033 - 2035

tp 2029
tp2 2025

sl 2040

Comment:

running sell 2034.5 running 20 pips

Comment:

running sell 2034.5 hit tp 1 45 pips - move sl to entry
Sell 33 running 40 pips - move sl to entry

Comment:

sell limit hit 100 pips
sell 33 hit 70 pips

Congratulations traders.