XAUUSD Geopolitical Tensions

❤️Forex Besties❤️

INFORMATION

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.

💲BUY GOLD 1980-1975 💲

SL @ 1970

TP 1 @ 1985
TP 2 @ 1990
TP 3 @ 2000


💲SELL GOLD 2013-2017 💲

SL @ 2022

TP 1 @ 2007
TP 2 @ 2000
TP 3 @ 1993

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❤️FOREX BESTIES WEB - Technical Analysis

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

❤️NOTE

Gold price attracts some buyers amid sliding US bond yields and subdued USD price action.

❤️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