It's tough to make any definitive statements about #GOLD right now as it's currently in the middle of its range.
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It's not advisable to seek any big wins before NFP day.
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Good morning! I still believe that last week's gains in #GOLD will be overshadowed this week, as tensions between the US and Iran show no signs of de-escalating.
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Forex & Futures Trading News
The previous day's low serves as a strong resistance level for gold. It is unlikely to break through this point and may continue to decline.
My target for gold shorts is 4604.
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Forex & Futures Trading News
The previous day's low serves as a strong resistance level for gold. It is unlikely to break through this point and may continue to decline.
Gold has returned to a range of -1 today.
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Given the current market conditions, I’m being very selective with my trades and taking fewer setups than usual. I'm consistently monitoring the charts and staying engaged with the market.
If you have any questions or would like analysis or breakdowns, don't hesitate to reach out—I'm here to help.
Right now, my focus is solely on high-probability setups. When a clear, high-quality opportunity arises, we’ll enter with a substantial position.
I won't be pursuing small, low-conviction trades or scalping with reduced size.
It's all about quality over quantity, and patience is essential.
Just a reminder: CPI data will be released today at 8:30 AM Eastern Time.
If you have any questions or would like analysis or breakdowns, don't hesitate to reach out—I'm here to help.
Right now, my focus is solely on high-probability setups. When a clear, high-quality opportunity arises, we’ll enter with a substantial position.
I won't be pursuing small, low-conviction trades or scalping with reduced size.
It's all about quality over quantity, and patience is essential.
Just a reminder: CPI data will be released today at 8:30 AM Eastern Time.
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SELLING HALF OF NASDAQ POSITIONS PRIOR TO NEWS RELEASE
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