After the New York market, XAUUSD has seen some huge declines. 60-70 USD/ounce. Perfect decline.
Regarding the decline mentioned yesterday. These two days have perfectly verified this trading logic, falling from 3438 to 3300. It is completely in line with the analysis expectations. Follow the members and also successfully obtain rich profits.
The two important information mentioned yesterday and today, the interest rate decision and Powell’s speech. These are the two bombshells in the current XAUUSD market. After the news landed, there was almost no bigger news to promote the rise in gold prices.
Tariffs were implemented again, reducing market tensions.
Many factors have consolidated the position of the US dollar. It has caused XAUUSD to fall under pressure. At the same time, the demand for the cryptocurrency BTCUSD is greater. Today, the London market clearly pointed out the buying point near 99400. Retreat to 98000 and continue to buy. The New York market rose sharply. The highest reached 101.5k, which also reached the expected range.
If you follow the signal and trade independently. There is profit. It’s just a matter of how much. In market trading, you should seize the opportunity when you can accumulate profits. Because opportunities are not always there. So you can follow me to make more lucrative profits with such a good market.