XAUUSD : Awaiting the US core PCE report!

Gold prices rebounded thanks to Middle East geopolitical tensions and US GDP figures missing estimates.

During the February 27 session, gold prices increased sharply from $2,024 to $2,037 as geopolitical tensions increased and US GDP figures were lower than expected. However, precious metals have not been able to extend their upward momentum in the context that investors remain cautious before today's US inflation data.

Today, the market will receive the core PCE report - the Fed's favorite inflation measure. In case the data rises higher than expected, the market will continue to lower the valuation of the Fed's interest rate cut, thereby putting pressure on gold. Currently, gold is rising to $2,034.

Trade active:

🔝 XAUUSD : Trading plan February 29, 2024

🪙 We have 2 levels to have a good entry for the BUY signal :

💲 Entry 1 Buy Scalping : 2027 -2029
💵TP1 : 2033
💵TP2 : 2035
🔴 SL : 2020

💲Entry 2 Buy Limit : 2023 - 2025
💵TP1 : 2030
💵TP2 : 2035
🔴 SL : 2018

🪙 We have 2 levels to have a good entry for the SELL signal :

💲Entry 1 Sell (Scalping) : 2035 -2037
💵TP1 : 2030
💵TP2 : 2025
🔴 SL : 2043

💲Entry 2 Sell Limit : 2039 - 2041
💵TP1 : 2035
💵TP2 : 2030
🔴 SL : 2045

⚡️⚡️⚡️ Note: For transactions, please leave full TP and SL to ensure safety and bring profit from the market. ‼️

🔔 Admin : @Eva_trade811

Comment:

running 60 pips entry 1 sell

Comment:

Entry 1 Sell hit tp 70 pips 🪙🪙🪙

Comment:

Temporarily everyone stopped trading and waited for news tonight.

Trade active:

Entry buy 29 hit 200 pips

Comment:

💲Entry 1 Sell (Scalping) : 2049 -2051

💵TP1 : 2045
💵TP2 : 2040
🔴 SL : 2055

Comment:

running 40 pips

Comment:

hit tp 1 50 pips