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Break out 1960, gold found a new peak

The 1960 trend was not strong enough to hold back gold's rise.

Chairman Powell's speech, 10-year US Treasury yields eased from multi-year highs set near 5% and allowed XAU/USD to find support. making gold looking to peak 2000 soon.

Gold prices (XAU/USD) have gained strong positive traction to their highest level since early August, around the $1,962-1,963 area amid the risk of escalating conflict in the Middle East.

Plan Trading will update soon
עסקה פעילה
SELL GOLD 1874-1876
הערה
Break out 1962. Forming an uptrend
עסקה סגורה: היעד הושג
Plan sell + 40 pips
הערה
focus to buy GOLD

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