Gold Price Forecast (week 27/2 - 3/3/2023)

Gold continues to be under selling pressure when DXY is continuing to strengthen due to the pressure of the Fed to raise interest rates, it is likely that it needs to be stronger to cope with the US economic situation recently...

P/s: These are all personal opinions and are not bets or investment advice. There is never a concept of "certainty" in the market, so determining in advance the psychology of all orders can lose will help you better manage risk.

Huy Dinh

* 5 THINGS DECIDED A SUCCESS OF A TRADER:
1. Emotion Management
2. Risk management
3. Trading plan
4. Absolute Discipline
5. Mastering Probability

Trading recommendation:

Support level: 1,800.30 1,797.45 1,782.90

Resistance levels: 1,834.00 1,845.99 1,860.00

Trading recommendation:

Buy 1809 - 1808

Stop Loss: 1803

Take profit 1: 1823
Take profit 2:1830
Take profit 3: 1835

Sell 1827 - 1831

Stop loss: 1833

Take profit 1: 1823
Take profit 2:1820
Take profit 3: 1810

Note: Always set TP and SL in all trading cases

Trade geschlossen: Ziel wurde erreicht:

XAUUSD CLOSE PROFIT + 90Pips ✅ ✅ ✅ according to buy strategy 1808 - 1809