Neil_Scalper
@t_Neil_Scalper
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Neil_Scalper
🚀 Short-term investment strategy, stable financial growth 🚀 GOLD PRICE DEVELOPMENT: Gold remains under persistent bearish pressure after breaking the key $2,400 level and trading at its lowest in more than a week below $2,390. In the absence of fundamental momentum, technical developments appear to be sending XAU/USD lower. 🚀 NEIL's personal perspective: For now, 2380 will hold and consolidate - But! Resistance at the 2400 area will continue to trigger the downtrend and push prices down. 🔥 SET GOLD PRICE: GOLD BUYING AREA: 2380 - 2378 🔹Sl: 2375 🔹TP1: 2383 🔹TP2: 2385 🔹TP3: 2390 GOLD SELLING AREA NOW: 2390 - 2400 🔹SL 2412 🔹TP 2480 - 2371 - 2354 Give a big attack 🚀NOTE: NEIL requires traders to strictly manage capital -Choose the number of lots that suits your capital -Take profit from 4-6% of account capital -Cut losses from 2-3% of account capital The winner is the one who is persistent and sticks with the market for a long timeTrade activeComment:Comment: + 100 pips from the planned sell zone of 2400- DOWN
Neil_Scalper
🚀 Short-term investment strategy, steady financial growth 🚀 GOLD PRICE DEVELOPMENTS: Gold prices (XAU/USD) showed uncertainty near key support at $2,400 during the European session on Monday and now. In the context, buyers lack attraction amid speculation that the Republican Party led by Donald Trump will win the United States (US) presidential election in November - as this is beneficial for the USD (direct impact on gold). Additionally, the 10-year US Treasury yield fell to 4.22%. Lower yields on interest-bearing assets reduce the opportunity cost of investing in non-yielding assets, such as Gold. 🚀 NEIL's personal perspective: Gold prices steady above $2400 area on Monday - horizontal consolidation around BB in downtrend 🔥 SETTING THE PRICE OF GOLD: GOLD BUYING ZONE: 2399 - 2397 🔹Sl: 2393 🔹TP1: 2402 🔹TP2: 2405 🔹TP3: 2408 GOLD SELLING REGION:: 2410-2412 🔹SL 2415 🔹TP 2400 🚀NOTE: NEIL requires traders to strictly manage capital -Choose the number of lots suitable for your capital -Take profit from 4-6% of account capital -Cut losses from 2-3% of account capital The winner is the one who perseveres and sticks with the market for a long timeTrade active
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