The market has not been stable recently. As further chaos in the Middle East has increased geopolitical uncertainty, gold remains an important safe-haven asset, which has also driven gold's recent rise.
The market is focusing on whether the Federal Reserve is expected to cut interest rates in March or June this year. The U.S. economic schedule this week will include the release of the latest Federal Reserve Monetary Policy (FOMC) meeting minutes and the speeches of Federal Reserve officials starting on Wednesday.
Today we need to pay attention to whether gold can break through 2033. If gold breaks through 2033, it will continue to rise. Below we need to pay attention to the support near 2015.
Because of today’s meeting, the trend of gold may be unstable, so everyone needs to pay attention.
Strategy 1:
Xauusd:sell2030-2033
TP:2026-2023
SL:2036
Strategy 2:
Xauusd:buy2012-2015
TP:2020-2025
Strategy 3:
Xauusd:buy2005-2008
TP:2015-2020
I have the above three strategies for your reference. You can choose the strategy that suits you according to your funds.
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Today's direction is right