XAUUSD 18-6-24 # spotgold #Analysis

🚨 XAUUSD (Spot Gold) 🔖 18-6-2024🚨

Buy at: $2298/$2280/$2260/$2240/$2220
Sell at: $2345/$2365/$2385/$2415/$2442/$2462

CMP @ 2313.85 (as of writing)💹

⚠️ Warning: Do not risk more than 5% of your capital. You might lose your money.

🚨📝Data scheduled to be published at18:00 hrs-22:30 hrs:

18:00-Core Retail Sales (MoM) (May)
18:00-Retail Control (MoM) (May)
18:00-Retail Sales (MoM) (May)
18:45I-ndustrial Production (MoM) (May)
18:45-Industrial Production (YoY) (May)
19:00-ECB's De Guindos Speaks
19:30-Business Inventories (MoM) (Apr)
19:30-Retail Inventories Ex Auto (Apr)
22:30-20-Year Bond Auction
22:30-Atlanta Fed GDPNow (Q2)

🔴Technical Status: XAUUSD: 📌
D1 SMA100-P (2270.90) Buy 🔺
H4 SMA100-P (2352.79) Sell 🔻
H1 SMA100-P (2368.40) Sell🔻
H4 SMA200-P (2286.16) Buy🔺

RSI(14): Status: Less Volatility
STOCHRSI(14): Status: Less Volatility
ROC: Status: Buy
William%R: Status: Over Sold
ATR(14): Status: Less Volatility
SOC: Status: Neutral

⚠️Ongoing Geo-political Tensions: ‼️

Israel – Iran- Escalating
Russia - Ukraine
US-China Relations
Middle East Instability – Escalating