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#GOLD KEY LEVEL FOR TODAY KEEP AN EYE 3971 PLAN SELL BELOW THIS LEVEL

GOLD SELL NOW 3987 TAKE PROFIT.    3970 TAKE PROFIT.    3960 TAKE PROFIT.    3950 OPEN STOP LOSS.     3994

Tp2 hit

Tp1 hit

Fundamental Overview Spot gold prices fell to an eight-month low on Tuesday, marking the fourth consecutive month of significant declines in the gold market. Gold prices have fallen about 12% this month and about 15% this quarter. Market analysts believe that the Federal Reserve (Fed) may raise interest rates three times this year to control inflation, the first of which could come in September. Investors are now looking to the US monthly employment report (NFP and ADP data) to be released this week to better understand what the Federal Reserve's next move will be. Although peace talks between the US and Iran are set to resume in Doha, Qatar, the prospects for a permanent ceasefire remain hazy. Tehran's insistence on retaining control of traffic in the Strait of Hormuz, even if Oman does not participate, is heating up the market further. #GoldPrice #XAUUSD #ForexTrading #FedRateHike #MarketUpdate

Tp1 & tp2 hit done 💯💯💯🔥🔥

US-Iran deal and big drop in gold market! 📉⚡️ A big news has come to the fore after extreme tensions in the Middle East. According to Axios, the US and Iranian sides have agreed to temporarily stop mutual attacks and hold new talks on the Strait of Hormuz. Earlier, Iranian drone and missile attacks on US bases in Kuwait and Bahrain caused oil prices to rise. Its impact on the market: Spot gold prices fell 0.7% to $4,061.35 per ounce on rising oil prices and fears of an interest rate hike by the US Fed. It is on the verge of falling for the fourth consecutive month. Investors' attention: All eyes are on the US ADP and NFP (non-farm payrolls) data coming this week, which could bring big movements in the forex and commodity markets. #ForexTrading #GoldMarket #US_Iran #MarketUpdate

Running profit

🔽XAUUSD SELL NOW 4033🔽 TP1 : 4028 ✅ TP2 : 4020 ✅ TP3 : 4015 ✅        SL :4046❌ Use proper money management⚠️

Tp1 hit Tp2 hit Running 190+ pips boom 🔥🔥🔥💯💯

XAUUSD BUY NOW 4023 TP 4027 TP  4032 CONFIRM TP 4050  OPEN SL : 4013 Risk: 5%

Today booked profit

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Fed Policy: Fed officials left interest rates unchanged, but new Fed Chairman Kevin Warsh has signaled that interest rates will increase further in the future to control inflation, which is putting pressure on gold. • US-Iran deal: The progress of the interim peace agreement between Washington and Tehran has increased commercial shipping in the Strait of Hormuz. This has reduced the risk of inflation somewhat as the supply of energy in the global market has normalized. • Stock market impact: There has been a major decline in US technology stocks or shares of the technology sector. As a result, investors are selling gold to cover losses in other sectors. #Forex #GoldTrading #XAUUSD #MarketUpdate

Fed Policy: Fed officials left interest rates unchanged, but new Fed Chairman Kevin Warsh has signaled that interest rates will increase further in the future to control inflation, which is putting pressure on gold. • US-Iran deal: The progress of the interim peace agreement between Washington and Tehran has increased commercial shipping in the Strait of Hormuz. This has reduced the risk of inflation somewhat as the supply of energy in the global market has normalized. • Stock market impact: There has been a major decline in US technology stocks or shares of the technology sector. As a result, investors are selling gold to cover losses in other sectors. #Forex #GoldTrading #XAUUSD #MarketUpdate

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