DNA_BrianTrading

GOLD is uptrend to 10/05/2023

OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold is likely to continue increasing in value due to the weakened state of the dollar and the US financial market facing back-to-back crises. The US is experiencing a risk of an economic recession with four banks failing since March.

Tonight's CPI outcome could lead to an increase in rate hike bets, but weaker data could result in a decline in commodity markets. As of now, Gold is in a bullish trend with higher tops and bottoms, indicating a priority for buying with the trend.

BUY GOLD 2024 - 2026

Stoploss : 2021

Take Profit : 2035
Take Profit : 2045
Take Profit : 2055

Note : TP, SL full to be safe and win the market !

What do you think ?
Comment:
TP2 +200PIPs GOLD

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