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XAUUSD SELL NOW
4262 - 4265
TP 4258/4250
SL 4269
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This Week News Calendar πποΈ.
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The 1% Rule: Never Bet the Farm
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XAUUSD SELL NOW
4315 - 34318
TP 4310/4300
SL 4322
5 factors that could push gold even higher: ππ
β«Central banks continue large-scale purchases β especially the PBoC β showing consistent βhardβ demand. βοΈ
β«Markets are pricing in Fed easing: lower interest rates increase goldβs appeal. βοΈ
β«Record-breaking inflows into physical gold ETFs (source: WGC).βοΈ
β«Rising USβChina tensions boost defensive buying.βοΈ
β«Weak USD and growing private demand reinforce goldβs safe-haven status.βοΈ
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Today's Economics News Calendar ποΈ
If XAUUSD remains above the 200% Fibonacci Extension at around 4213, the price may test the 227.20% Fibonacci Extension at around 4361.
Conversely, closing below 4213 may prompt XAUUSD's retracement to the psychological support at 4000.
Technical AnalysisβοΈπ
XAUUSD is surging and approaching the ascending channel's upper bound. The price is well above the diverging EMAs, indicating a strong upward momentum
GOLD BUY NOW
4224-4222
SL 4214
TP 4230/4235/4240
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GOLD BUY NOW
4182-4179
SL 4175
TP 4185/4190/4195
"A newspaper that costs 20 rupees in the morning is available for 20 rupees a kilo in the evening. The price is actually of time, not the thing! This is the time to work hard. Later, you'll have time, but you won't have the energy to work hard."
βοΈβοΈ
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Tp 2 Triggered
GOLD BUY NOW
ZONE: 4061 - 4058
SL: 4053
TP 4065/4070/4080
If the market can break through 4057, it could grow to 4100.
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