XAUUSD SUPPORT & RESISTANCE ZONES(1H)🔥🔥
General outlook:
XAUUSD has been trading in a bullish trend within the last day. Support levels are now located at 2,389.00 and 2,350.00. Now, the resistance level is located at 2,480.00. Analysts recommend opening a Buy order with a stop loss below the previous low. The upcoming news will not influence your orders within the mentioned period.
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Slowly close Upper entries if you have multilayer, Hold lower entries With proper SL!
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🔽We will Announce only Buy or Sell, TP Will Update Latter
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🚨 NEWS ARLET 🚨
Major USD News Incoming!
⌛ From Now : 30 Minutes
Attention traders, significant market movements are expected. Ensure you manage your risk carefully! ‼️
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USD is trying to push down, all data positive ✅
Market is still in bullish movement 🚀
🚨 NEWS ARLET 🚨
Major USD News Incoming!
⌛ From Now : 60 Minutes
Attention traders, significant market movements are expected. Ensure you manage your risk carefully! ‼️
Source : www.forexfactory.com ℹ️
🕯XAUUSD UPDATE:
Sidewise market, lack of strength. Waiting for next H4 Confirmation ✅
XAUUSD FUNDAMENTAL ANALYSIS🔥🔥
The U.S. Unemployment Insurance report will create a potential XAUUSD trading opportunity. Today, the U.S. Department of Labour (DOL) will publish its weekly Unemployment Insurance (UI) Claims or Jobless Claims report at 12:30 p.m. UTC. The data release will likely affect the price of gold (XAU).
Explanation:
The Ul report presents the weekly jobless claims reported by each state's unemployment insurance program offices. Most traders will focus on the weekly changes in initial jobless claims filed by people who have recently become unemployed. The market expects the unemployment claims to rise by 230,000. We project the unemployment claims figures to be below the market forecast, implying the possibility for a bearish surprise in XAUUSD
XAUUSD SUPPORT & RESISTANCE ZONES(1H)🔥🔥
General outlook:
XAUUSD has been trading in a bullish trend within the last day. Support levels are now located at 2,400.00, 2,365.00, and 2,290.00 Now, the resistance level is located at 2,480.00 Analysts recommend opening a Sell order with a stop loss above the previous high. The upcoming news will not influence your orders within the mentioned period.
XAUUSD BUY NOW @ 2466-64
SL @ 2460
TP @ 2468
TP @ 2470
TP @ 2380
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