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Learn Trading Skills & Spot potential investment Ideas. 24x7 PIPS STUDIO formerly known as Cryptonian Team Support since 2016. None of our calls are financial advise! DYOR

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Typical pump & dump #fomc day
XAUUSD

Sell Now

@$ 2578-2581

🟩TP1 = 2576
🟩TP2 = 2573
🟩TP3 = 2568

πŸŸ₯SL = 2584
Today's London session decides where $XAUUSD prices will go next week.
XAUUSD

Sell now

@$ 2585-2588

🟩TP1 = 2583
🟩TP2 = 2580
🟩TP3 = 2575

πŸŸ₯SL = 2591
XAUUSD

Buy now

@$ 2518-2519

🟩TP1 = 2521
🟩TP2 = 2526
🟩TP3 = 2529

πŸŸ₯SL = 2511
Rising tensions between Israel and Lebanon push up haven demand for the precious metal.
‼️‼️‼️

Gold price is moving slightly away from a new record high of $2,638 early Tuesday, replicating the price action seen in Monday’s Asian trading.

Data today ‼️

FOMC member speech
CB consumer confidence
_______________________
TECHNICAL OVERVIEW

▫️14-day RSI sitting above 70, continue to warrant caution for gold buyers.
▫️ upside levels - critical level $2635 will lead to psychological barrier $2650 further testing $2670
▫️ downside levels - previous days low $2613 further $2600
Gold is stuck within the $ 2527-30 region for the past few hours.
XAUUSD

Sell Now

@$ 2666-2669

🟩TP1 = 2664
🟩TP2 = 2661
🟩TP3 = 2656

πŸŸ₯SL = 2672
XAUUSD

Buy xauusd

@$ 2663-60

🟩TP1 = 2668
🟩TP2 = 2672
🟩TP3 = 2683

πŸŸ₯SL = 2655