27 Oct 2022, 14:09 · Views 342

#XAU/USD# enough result for today :) simply follow my signal :)

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Mancy Lee

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DNBC Global / Forexcec.com / https://www.dnbcmarkets.com I'm here to give you some advice, trading scenario. It would be great if you could earn something from Forex.

XAU/USD

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#XAU/USD# Morning guys, this is my expectation fot today’s gold. Span B is a new strong resistance in H1 timeframe which made 1775-1770 is a strong resis area. If this morning, asia gold could not break through it which is my expectation we could place sell 1775, TP 1762, SL 1780. Good luck guys.

Mancy Lee

#XAU/USD# last night gold up to now 😍🤑

Mancy Lee

#XAU/USD# Good morning, this is the weekly gold prediction Gold price this week has been under selling pressure when approaching the level of 1,800 USD/oz. Accordingly, after heading the threshold of USD 1,787/oz, the international gold price dropped sharply for 3 consecutive trading sessions, sometimes down to USD 1,747/oz and closed the week at USD 1,750/oz. The reason gold price is under downward pressure in the last trading sessions of this week is because FED officials stated that FED will continue to tighten monetary policy even though US inflation has dropped continuously for a while. Technically, after the up phase from 1618 to close to 1787, gold price showed signs of decreasing again after the price reaction around dynamic resistance with Weekly frame. can return to the area 1725-1700. If it sustains around this level and then moves up to break the 1800 round resistance, a new uptrend can be confirmed. Expected entry: Sell 1766, SL 1769, TP 1755, 1744, 1786 Buy 1670, SL 1665, TP 1708, 1715, 1724

Mancy Lee

#XAU/USD# As the market expected that #China’s economy would revive despite the zero-tolerance approach for the Covid-19 policy, yuan and other currencies sensitive to China’s growth all gained, sending the #dollar to back foot. #offshoreyuan held firm at 7.2200 per dollar, marking the best performance in the recent two years. The #euro recovered and hovered at $1.0026 while kiwi climbed 0.2% to a seven-week high of $0.5951. Aussie also went up together with other peers and now stood at $0.6486. #yen hit a one-week high of $146.35.

Mancy Lee

#XAU/USD# Morning guys, I hope yesterday's gold brought you some profits. Today’s gold expectation is to keep heading down to 1631 if it broke 1645. On the other hand, if it skyrocketed to 1657, we have to wait to retest, once it closed the candle above 1657, we could confidently place a buy position there. For these reasons, I believe that we can place: Sell 1643 if it broke 1645, SL 1648, TP 1640,1638,1634 Buy 1659 if it broke 1657, SL 1653, TP 1662,1665,1667 Good luck guys.

Mancy Lee