Gold prices lose interest as the dollar and Treasury yields rise

The gold price continues to languish going into Tuesday’s trading session as the US Dollar pursues higher ground, assisted by rising Treasury yields.

The metals complex is generally weaker across the board, impeded by the stronger Dollar and deteriorating appetite for risk and growth-orientated assets.

הערה:

🕯 BUY GOLD | 1902 - 1899

🔴 SL: 1894

🟢 TP1: 1909
🟢 TP2: 1919

עסקה סגורה: היעד הושג:

📣 Plan BUY Close Full Hit TP1 + 100pips 😮

הערה:

Gold continues to make downside progress after breaking below the rising support line from February. This has continued to mark a meaningful shift away from what was the dominant uptrend between the end of last year and up until early April. With that in mind, the technical landscape is appearing increasingly bearish.

הערה:

The Most Important Expected Economic Events And Data Today
🟢Building Permits (Jul) 🇺🇸
🟢FOMC Meeting Minutes 🇺🇸

הערה:

🕯 SELL GOLD | 1920 - 1917
🔴 SL: 1925

🟢 TP1: 1912
🟢 TP2: 1907

🕯 BUY GOLD | 1890 - 1893
🔴 SL: 1885

🟢 TP1: 1898
🟢 TP2: 1903

עסקה פעילה:

Plan BUY Running + 30pips ✔️✔️✔️

עסקה פעילה:

Close 1/2 + 65pips ✔️✔️✔️ Move SL to Entry 😮

עסקה סגורה: היעד הושג:

Plan BUY HIT TP1 + 80pips ✔️✔️✔️