It is very difficult for gold to break through the 2000

Atualizado
Hello Angel

☁️Gold is trading above 1970 levels with a slight increase thanks to the stability of the dollar.

☁️The US Dollar Index (DXY), which measures the value of the USD against six major currencies, hovered around 106.25. However, further increases in US Treasury yields could limit gold's gains as it does not offer competitive returns.

☁️The close price range is 1962 and 1982, waiting for a point to break through this zone.

☁️The US bond market is maintaining recovery mode, putting downward pressure on US Treasury yields. This is supporting non-yielding Gold prices. Recent weakness in US bond yields is keeping the US dollar in check, further boosting Gold prices.
Trade ativo
SELL GOLD scalping
SELL  GOLD    1973  - 1975

↠  STop  1978

→ Profit 1   1970
→ Profit 2   1960
Trade fechado: objetivo atingido
+ 50 pips, congratulation everyone
Nota
The price margin between 1962 and 1982 is still strong
Nota
near reach entry SELL
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