GOLD 22/6 $ prices stabilized after the Fed news

Atualizado
Gold prices remained relatively unchanged on Thursday, but were still recovering from four consecutive days of decline. The market was cautious due to the uncertainty surrounding the Federal Reserve's upcoming decision on interest rates, which affected traders' confidence in the precious metal.

Yesterday, bullion prices briefly dropped to their lowest point in three months, breaking a period of stability. This occurred after Jerome Powell, the Chair of the Federal Reserve, testified before the House Financial Services Committee of Congress, suggesting that interest rates may need to be increased in order to control inflation.

Gold price on June 22, 2023 fluctuated at $ 1932, narrow band sideways continuation $1915 - $1957

Consider entering orders today:
SELL zone: $1947 - $1950, sl $1960

Based on technical analysis indicators EMA 34, EMA 89 combines with a strong resistance at $1950 area
Trade ativo
The price is still continuing the sideway zone $1930 -$1933
Trade ativo
There will be unemployment news with news from the Fed in the evening, please pay attention to install SL carefully
Trade ativo
exactly trend
Trade fechado: objetivo atingido
in a downtrend
Beyond Technical AnalysisTechnical IndicatorsshortpositionshortsshortsetupshortxaushortxauusdTrend Analysisxauusdanalysisxauusdsellxauusdshortxauusdsignal

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