GOLD Price cheers US Dollar decline, as well as mixed effect on market consolidation ahead of top US data/events to depict recovery correction rebound from 5-week low.Going forward, US Retail Sales for July, expected to be 0.4% month-on-month versus 0.2% prior, will be important to keep an eye on the intermediate directions of
GOLD Price.US retail sales, FOMC Minutes looking for clear directions, risk catalysts also in the spotlight.
Trading plan:
SELL XAUUSD: 1919 - 1921
Stoploss : 1926
Take Profit : 1915
Take Profit : 1910
Take Profit : 1900
Note : TP, SL full to be safe and win the market !
Note
Keep waiting for gold to hit the entryNote
Do you think gold will hit our entry todayNote
Just wait for the new signalNote
Wait for this plan to come to FOMC
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.