Muhan_F1

TRADE WITH GOLD 25/09/2023

Muhan_F1 已更新   
OANDA:XAUUSD   黄金现货/美元
On Thursday, the US dollar index saw a slight decline but maintained its position close to a six-month high at 105.74 before ultimately losing its gains and closing down 0.06% at 105.38. In terms of US Treasury yields, the 2-year US Treasury bond yield initially rose from an opening of 5.2% but later dropped to close at 5.144% due to unexpected developments. Meanwhile, the 10-year US Treasury bond yield surged, briefly reaching 4.5% before closing at 4.494%.

Gold prices faced pressure from the rise in US bond yields, with spot gold initially dropping below $1,920 and hitting an intraday low of $1,913.97. It did manage to recover slightly, closing down by 0.53% at $1,920.08 per ounce, marking its third consecutive day of negative performance. In contrast, silver prices exhibited a V-shaped pattern, dropping to an intraday low of $22.81 before rebounding to close up by 0.7% at $23.4 per ounce.

Crude oil prices experienced fluctuations, with WTI crude oil briefly dipping to an intraday low of $88.34 during the European trading session but ultimately closing with a 0.38% increase at $89.53 per barrel. Brent crude oil also closed with a marginal 0.04% increase at $93.19 per barrel.

The three major US stock indices all faced downward pressure, opening and closing at lower levels. The Dow index closed down by 1.08%, the Nasdaq closed down by 1.82%, and the S&P 500 closed down by 1.64%, marking its most significant one-day decline in the past six months. Key tech stocks like Amazon, Nvidia, and Tesla experienced notable drops, with Amazon declining by more than 4% and Nvidia and Tesla both dropping more than 2%.

In contrast, European stocks generally performed well, with Germany's DAX30 index closing down by 1.33%, the UK's FTSE 100 index closing down by 0.69%, and Europe's Stoxx 50 index closing down by 1.48%.

Trading Strategy:

BUY XAUUSD in the price range of 1908-1910

Stop Loss: 1906
Take Profit 1: 1920
Take Profit 2: 1935
Take Profit 3: 1940

SELL XAUUSD in the price range of 1927 - 1930

Stop Loss: 1933
Take Profit 1: 1920
Take Profit 2: 1915
Take Profit 3: 1910
Please ensure that you adhere to proper capital management principles by risking only 1% of your account. Additionally, avoid risking more than 5% of your account within the nearest 10 price levels. It's crucial to always set stop-loss orders (SL) in all trading situations and carefully consider your trades based on your current capital.
评论:
still in strategy
评论:
The market is still in my prediction.
免责声明

这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。