Gold accelerated up to $2074, but according to a Bank strategist, it’s considered to be more of an adjusting phase in the short run, with $1924 in the beginning and $1848 below the firing point. It seems that there is a reason.
From here, I went to sell gold. It is also assumed that the US dollar will become stronger due to the sale of gold.
Position Update: Asset: GOLD (XAU/USD) Entry: Sell at 2994.37 Stop Loss: 3012.00 Reason: Expecting short-term correction as price approaches the $3000 level.
📊 Technical Analysis – March 13, 2025 💡 Note: The following currency pairs and assets are listed in order of liquidity and trading volume. 📌
Today’s Option Levels: EUR/USD 1.0775: €892 million 1.0800: €1.9 billion 1.0850: €1.2 billion 1.0860: €1.1 billion 1.0955: €1.2 billion 1.1000: €966 million USD/JPY 146.00: $735