XAUUSD sideways khi Middle East, FED do not have major moves

Currently, gold has fluctuated quite gently as the influence from the FED and the war has gradually dissipated. The market will focus on tonight's US retail sales, if retail sales are announced well. Gold will be under pressure but not much. If the announcement is bad, gold will increase sharply until at least 1950.

. Summary of previous ideas: sell at the peak
. Today's idea: soup for sale
. Bar D1 yesterday had downward pressure, but there was a lower candle shadow because some small investors still bought up. After the STRONG UP candle last weekend, prices were overbought, the fear of war spreading throughout the Middle East was reflected in prices, currently war news is frozen. The short-term market will basically be under pressure to take profits at 1900 188x 186x

. Bar H4 after 4 candles attempted to increase but the candle body was short, showing that the upward momentum was stopped. The most recent candlestick price fell after the information that the SPDR fund sold 6.92 tons of gold, making the profit-taking sentiment even stronger. Today, continue to sell and sell to prepare for medium-term BUY points (ie medium-term gold price will still INCREASE STRONGLY).

Reference ACE strategy:
SELL LIMIT GOLD 1922

BUY GOLD 1900- 1905

Global gold prices fell on technical selling pressure after earlier posting a shocking 3% rise on safe-haven demand. The conflict between Israel and Hamas has led investors to buy gold to protect their assets. Gold fell in the first trade of the week, but the precious metal remained above the key floor of $1,900 per ounce.
Ole Hansen, a commodity strategist at Saxo Bank, said gold continues to benefit from instability in the Middle East. He noted that investors should pay attention to whether trends in bonds and the dollar are related to the situation in the Middle East. Gold, often used as a safe store of value during political and financial turmoil, rose 3.4% last Friday. It was the largest daily increase in seven months, driven by strong demand for safe assets and short-term liquidity.
While the conflict between Israel and Hamas shows no signs of easing, Heraeus precious metals trader Alexander Zumpfe said investors are increasingly looking for stable investment opportunities in times like these. Gold once again lived up to these expectations.
In addition to the development of the Middle East, investors also

Comment:

Look at my predictions yesterday, xauusd has grown with absolute accuracy, it's amazing

Comment:

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