My_Forex_Team

XAUUSD 🔥Small Short Then Up🔥

Long
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
❤️MY FOREX TEAM❤️

INFORMATION

Gold is trading on the back foot below $2,020 early Tuesday, following a positive start to the week and logging a three-day recovery rally. The XAU/USD price upside seems likely capped by a renewed uptick in the US Dollar and the US Treasury bond yields.

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SL @ 2000

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TP 1 @ 2032
TP 2 @ 2027
TP 3 @ 2018

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❤️MY FOREX TEAM - Technical Analysis

Technical indicators SMA | EMA | MACD | SAR | VWAP | RSI | MARKET TREND | NEWS

❤️NOTE

XAU/USD holds above $2,000, PBOC rate decision, FOMC Minutes eyed

❤️MONEY CAPITAL MANAGEMENT

⚡️ Only Trade With Risk Capital
⚡️ Cut Losses Short, Let Profits Run On
⚡️ Avoid Using Too Much Leverage
⚡️ Avoid Taking Too Much Heat
⚡️ Do Not Give in to Greed
⚡️ Take profit equal to 4-6% of your capital
⚡️ Stop lose equal to 2-3% of your capital
Comment:
FOMC Minutes Available on channel t.me/myforexteams

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