XAUUSD SHORT - GOLD UNDER PRESSURE

❤️Forex Besties❤️

INFORMATION

Gold price attracts some buyers amid sliding US bond yields and subdued USD price action.
Geopolitical tensions in the Middle East further lend support to the safe-haven XAU/USD.
Delayed Fed rate cut bets could underpin the USD and cap gains for the non-yielding metal.

🔥Sell Gold 2013 - 2017 SL @2022

✅TP 1 @ 2007
✅TP 2 @ 1985
✅TP 3 @ 1977


❤️FOREX BESTIES WEB - Technical Analysis

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

❤️NOTE

Gold price (XAU/USD) edges higher during the first half of the European session and moves away from a two-month low, near the $1,984 area touched the previous day.

❤️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