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Hong Kong Intervenes to Defend Dollar Peg Amid Market Pressure
š¹ The Hong Kong Monetary Authority (HKMA) stepped back into the foreign exchange market to defend the city's long-standing currency peg to the U.S. dollar. The Hong Kong dollar slipped below the lower bound of HK$7.85 per USD, triggering immediate action from the central bank.
š¹ In response, HKMA sold HK$9.4 billion (approximately $1.2 billion USD) from its reserves to buy back the local currency and push its value up. This move also reduced liquidity in the banking system, pushing up interbank interest ratesāsignificantly complicating the popular carry trade strategy, where investors borrow in low-interest Hong Kong dollars and convert them into higher-yielding U.S. dollars.
Cheap Hong Kong Dollar Bets Get More Expensive
š Until recently, traders could cheaply borrow Hong Kong dollars, convert them into U.S. dollars, and pocket the yield difference. But May and Juneās extreme volatility brought this game to a halt. With tighter liquidity and rising interest rates, HKMA is rewriting the rules.
š During the previous intervention in May, HKMA faced the opposite issueāa strengthening Hong Kong dollar. Back then, they injected more HKD into the market, slashing lending rates close to zero and fueling a speculatorās dream. Now, the situation has reversed, and the environment is getting much tougher.
Peg Under Scrutiny, but No Changes for Now
š Hong Kongās currency peg, in place since 1983, is a cornerstone of the city's financial system. But May 2025 saw the steepest drop in the HKD since the peg was established, raising questions about its long-term sustainability. Despite this, Chief Executive John Lee Ka-chiu made it clear in early June: the peg isnāt going anywhere.
š¬ āMaintaining the peg is crucial to our financial credibility,ā Lee stated, aiming to calm market speculation.
Hong Kong Has the Firepower, But the Pressure Remains
š° With foreign currency reserves exceeding $431 billion, HKMA has ample ammunition to defend the peg. However, carry trades remain temptingāthe gap between U.S. and Hong Kong one-month interest rates is currently around 3.4%, drawing global investors into the game.
š§ While the Hong Kong dollar has returned to its target range, the real question is: How long can it stay there?
#HongKong , #dollar , #economy , #worldnews , #forex
Stay one step ahead ā follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.ā
š¹ In response, HKMA sold HK$9.4 billion (approximately $1.2 billion USD) from its reserves to buy back the local currency and push its value up. This move also reduced liquidity in the banking system, pushing up interbank interest ratesāsignificantly complicating the popular carry trade strategy, where investors borrow in low-interest Hong Kong dollars and convert them into higher-yielding U.S. dollars.
Cheap Hong Kong Dollar Bets Get More Expensive
š Until recently, traders could cheaply borrow Hong Kong dollars, convert them into U.S. dollars, and pocket the yield difference. But May and Juneās extreme volatility brought this game to a halt. With tighter liquidity and rising interest rates, HKMA is rewriting the rules.
š During the previous intervention in May, HKMA faced the opposite issueāa strengthening Hong Kong dollar. Back then, they injected more HKD into the market, slashing lending rates close to zero and fueling a speculatorās dream. Now, the situation has reversed, and the environment is getting much tougher.
Peg Under Scrutiny, but No Changes for Now
š Hong Kongās currency peg, in place since 1983, is a cornerstone of the city's financial system. But May 2025 saw the steepest drop in the HKD since the peg was established, raising questions about its long-term sustainability. Despite this, Chief Executive John Lee Ka-chiu made it clear in early June: the peg isnāt going anywhere.
š¬ āMaintaining the peg is crucial to our financial credibility,ā Lee stated, aiming to calm market speculation.
Hong Kong Has the Firepower, But the Pressure Remains
š° With foreign currency reserves exceeding $431 billion, HKMA has ample ammunition to defend the peg. However, carry trades remain temptingāthe gap between U.S. and Hong Kong one-month interest rates is currently around 3.4%, drawing global investors into the game.
š§ While the Hong Kong dollar has returned to its target range, the real question is: How long can it stay there?
#HongKong , #dollar , #economy , #worldnews , #forex
Stay one step ahead ā follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.ā
š» EUR/USD Trade Breakdown | ICT + SMC Fusion š»
š” Smart Money Logic in Play:
We combined ICT & SMC concepts to map liquidity zones, FVGs, OBs, and premium/discount levels ā confirmed by indicators (MACD, RSI, EMA50/100, RoN patterns, OBV).
š Live Setup (Executed)
š¹ Sell Entry: 1.16310
š¹ TP: 1.15950
š¹ Lot Size: 0.05 (Live $100 trade)
š Trade followed a liquidity sweep at key resistance & bearish confirmation on FVG retest.
š§ Key Analysis:
š§ Liquidity Pool: 1.1630 zone
š¦ FVG below entry
š RSI overbought (~63)
š MACD showing divergence
š Price rejected premium zone (above 0.5 fib)
šÆ Target hit. Textbook entry. Ryo v3 System locked in precision.
š§ āSmart money doesnāt chase ā it traps, waits, and strikes.ā
#EURUSD #forex #smartmoney #RyoSystem #Binance
š” Smart Money Logic in Play:
We combined ICT & SMC concepts to map liquidity zones, FVGs, OBs, and premium/discount levels ā confirmed by indicators (MACD, RSI, EMA50/100, RoN patterns, OBV).
š Live Setup (Executed)
š¹ Sell Entry: 1.16310
š¹ TP: 1.15950
š¹ Lot Size: 0.05 (Live $100 trade)
š Trade followed a liquidity sweep at key resistance & bearish confirmation on FVG retest.
š§ Key Analysis:
š§ Liquidity Pool: 1.1630 zone
š¦ FVG below entry
š RSI overbought (~63)
š MACD showing divergence
š Price rejected premium zone (above 0.5 fib)
šÆ Target hit. Textbook entry. Ryo v3 System locked in precision.
š§ āSmart money doesnāt chase ā it traps, waits, and strikes.ā
#EURUSD #forex #smartmoney #RyoSystem #Binance
š„ $EUR /USDC Heating Up ā Mini Breakout Setting the Stage for Rapid Upside! š„
$EUR is holding strong after a clean pullback from 1.1743, stabilizing near the EMA(99) zone. All EMAs remain aligned for a bullish continuation on the 15M chart ā bulls may just be warming up!
š Entry Zone: $1.1685 ā $1.1710
š Stop Loss: Below $1.1650
šÆ Targets for the Upside:
ā¢ Target 1: $1.1743 ā recent high retest
ā¢ Target 2: $1.1790 ā breakout extension
ā¢ Target 3: $1.1855 ā major resistance zone
ā ļø Momentum is building on short timeframes. Scalpers and intraday traders ā this might be your window!
#EUR #Forex #Altcoins #BinanceSquare #MarketRebound
$EUR
$EUR is holding strong after a clean pullback from 1.1743, stabilizing near the EMA(99) zone. All EMAs remain aligned for a bullish continuation on the 15M chart ā bulls may just be warming up!
š Entry Zone: $1.1685 ā $1.1710
š Stop Loss: Below $1.1650
šÆ Targets for the Upside:
ā¢ Target 1: $1.1743 ā recent high retest
ā¢ Target 2: $1.1790 ā breakout extension
ā¢ Target 3: $1.1855 ā major resistance zone
ā ļø Momentum is building on short timeframes. Scalpers and intraday traders ā this might be your window!
#EUR #Forex #Altcoins #BinanceSquare #MarketRebound
$EUR
š Will NAS100 Hit 23,001? š„
MAJOR PSYCHOLOGICAL LEVEL IN SIGHT!
Price is pushing hard with bullish momentum ā currently at 22,484 and climbing. All eyes are now on the 23,001 target. š
š” Why 23,001 matters:
š¹ Itās a major psychological level
š¹ Clean structure with higher highs
š¹ Strong support held at 22,207
š¹ Momentum breakout above 22,450 entry zone
š§ Traders are watching for:
āļø Break and close above 23,000
āļø Retest and continuation
āļø Or rejection for short opportunities
š Target: 23,001
š SL: 22,280
āļø Risk-Reward: High potential with tight control
š Do you think weāll smash through 23,001 or face rejection?
Drop your bias below ā¬ļø
š Long or š Short?
#NAS100 #BÄ°NANCE #majorupdate #psychology #forex
MAJOR PSYCHOLOGICAL LEVEL IN SIGHT!
Price is pushing hard with bullish momentum ā currently at 22,484 and climbing. All eyes are now on the 23,001 target. š
š” Why 23,001 matters:
š¹ Itās a major psychological level
š¹ Clean structure with higher highs
š¹ Strong support held at 22,207
š¹ Momentum breakout above 22,450 entry zone
š§ Traders are watching for:
āļø Break and close above 23,000
āļø Retest and continuation
āļø Or rejection for short opportunities
š Target: 23,001
š SL: 22,280
āļø Risk-Reward: High potential with tight control
š Do you think weāll smash through 23,001 or face rejection?
Drop your bias below ā¬ļø
š Long or š Short?
#NAS100 #BÄ°NANCE #majorupdate #psychology #forex
$EUR /USDT Euro Breaks Out! Whatās Next?
The Euro just powered up from $1.1455 ā $1.1737, climbing steadily with strong green momentum! Now stabilizing at $1.1708 (+0.89%). Is this the start of a new uptrend or nearing exhaustion?
Trade Setup:
ā¢ Entry: $1.1680
ā¢ TP1: $1.1755
ā¢ TP2: $1.1800
ā¢ Final TP: $1.1900
ā¢ SL: $1.1590
Order book shows bull dominance (68.7%), and momentum looks healthy across all timeframes. Eyes on continuation!
Smart entries = smart profits. Stay sharp.
#EURUSD
#Forex
#CryptoTrading
#Binance
#Altcoins
buy and trade here on $EUR
The Euro just powered up from $1.1455 ā $1.1737, climbing steadily with strong green momentum! Now stabilizing at $1.1708 (+0.89%). Is this the start of a new uptrend or nearing exhaustion?
Trade Setup:
ā¢ Entry: $1.1680
ā¢ TP1: $1.1755
ā¢ TP2: $1.1800
ā¢ Final TP: $1.1900
ā¢ SL: $1.1590
Order book shows bull dominance (68.7%), and momentum looks healthy across all timeframes. Eyes on continuation!
Smart entries = smart profits. Stay sharp.
#EURUSD
#Forex
#CryptoTrading
#Binance
#Altcoins
buy and trade here on $EUR
šÆ Master Entry Zones Like a Pro with ICT! š
Hey Traders! šš
Ever wondered how the pros catch the perfect entry? Letās talk about a game-changing strategy ā ICT (Inner Circle Trader).
This isnāt your typical indicator-based trading. ICT helps you think like institutions ā spotting where the big players are entering and exiting the market. š¦āØ
š What Makes ICT So Powerful?
Instead of noisy indicators, ICT sharpens your edge using:
š Market Structure (MS) ā Know the marketās true direction with higher highs, lower lows, and trend breaks.
š Fair Value Gaps (FVG) ā Price often returns to these gaps like a magnet. Great for sniper entries.
š Liquidity Pools ā These are hot zones filled with orders. Institutions love to hunt them ā and so should you.
š„ Top Entry Triggers You Should Watch For:
ā After a Market Structure Break (MSB): Look for price pulling back into an FVG ā often the perfect launchpad.
ā Near Liquidity Pools: Wait for a liquidity sweep and then enter with confirmation (like FVG or a solid price reaction).
ā Order Blocks: Where big orders were placed. If price comes back here ā get ready!
š” Pro Tip: Never rely on just one signal. Combine 2ā3 ICT concepts for maximum precision. š
With time, practice, and chart timeā¦ this method becomes second nature.
Are you using ICT in your strategy?
Letās hear your thoughts or questions in the comments! šš¬
#ict #TradingStrategiesš¼š° #liquidity #forex #crypto
Hey Traders! šš
Ever wondered how the pros catch the perfect entry? Letās talk about a game-changing strategy ā ICT (Inner Circle Trader).
This isnāt your typical indicator-based trading. ICT helps you think like institutions ā spotting where the big players are entering and exiting the market. š¦āØ
š What Makes ICT So Powerful?
Instead of noisy indicators, ICT sharpens your edge using:
š Market Structure (MS) ā Know the marketās true direction with higher highs, lower lows, and trend breaks.
š Fair Value Gaps (FVG) ā Price often returns to these gaps like a magnet. Great for sniper entries.
š Liquidity Pools ā These are hot zones filled with orders. Institutions love to hunt them ā and so should you.
š„ Top Entry Triggers You Should Watch For:
ā After a Market Structure Break (MSB): Look for price pulling back into an FVG ā often the perfect launchpad.
ā Near Liquidity Pools: Wait for a liquidity sweep and then enter with confirmation (like FVG or a solid price reaction).
ā Order Blocks: Where big orders were placed. If price comes back here ā get ready!
š” Pro Tip: Never rely on just one signal. Combine 2ā3 ICT concepts for maximum precision. š
With time, practice, and chart timeā¦ this method becomes second nature.
Are you using ICT in your strategy?
Letās hear your thoughts or questions in the comments! šš¬
#ict #TradingStrategiesš¼š° #liquidity #forex #crypto
Mallory Swales xwT3:
Quem sabe o que Ć© ICT? Coisa de profissional aĆ. Sou iniciante e leigo. SĆ³ fiz perder kkkk
#forex The post is for educational purposes not for financial advice buy,sell button š
ā
#SwingTradingStrategy
#SwingTradingStrategy
Economic Calendar Outlook
June ā Week 4 Highlights
Monday - High Probability
Tuesday - High Probability
Wednesday - High Probability
Thursday - High Probability
Friday - High Probability
The markets are under bad weather this year. The whole trump story and now the uncertainty in the east, in Iran, make price much more indecisive.,
Good Luck & Good Trading.
#news
#news_update
#MyTradingStyle
#forex
#crypto
June ā Week 4 Highlights
Monday - High Probability
Tuesday - High Probability
Wednesday - High Probability
Thursday - High Probability
Friday - High Probability
The markets are under bad weather this year. The whole trump story and now the uncertainty in the east, in Iran, make price much more indecisive.,
Good Luck & Good Trading.
#news
#news_update
#MyTradingStyle
#forex
#crypto
XAUUSD (GOLD Update)
Price successfully grabs liquidation and now showing downside recovery, more continuation downside move towards marked demand zone is expected in it.
#GOLD
#XAU
#XAUUSD
#forex
#forextrader
Price successfully grabs liquidation and now showing downside recovery, more continuation downside move towards marked demand zone is expected in it.
#GOLD
#XAU
#XAUUSD
#forex
#forextrader
šÆšµ The Japanese yen falls to 147 per US dollar - a level not seen since May 14.
#JPY #Forex #CurrencyWatch #CryptoNews #Investing #CryptoMarket #Bitcoin$BTC
#JPY #Forex #CurrencyWatch #CryptoNews #Investing #CryptoMarket #Bitcoin$BTC
$EUR /USDC Faces Strong Resistance at 1.1529
The$EUR pair is currently trading at 1.1516, struggling to break the resistance near 1.1529 (24h high). After bouncing from the recent low of 1.1451, the price is consolidating in a tight range, indicating indecision in the market.
Trade Setup ā SHORT Position
Entry: 1.1515
Take Profit 1: 1.1480
Take Profit 2: 1.1455
Take Profit 3: 1.1420
Stop Loss: 1.1540
Note: A break above 1.1530 may invalidate this setup and trigger a bullish move.
Trade smart on $EUR Watch the range.
#Forex
#EURUSDC
#BinanceTrading
#ShortSetup
#MarketAnalysis
The$EUR pair is currently trading at 1.1516, struggling to break the resistance near 1.1529 (24h high). After bouncing from the recent low of 1.1451, the price is consolidating in a tight range, indicating indecision in the market.
Trade Setup ā SHORT Position
Entry: 1.1515
Take Profit 1: 1.1480
Take Profit 2: 1.1455
Take Profit 3: 1.1420
Stop Loss: 1.1540
Note: A break above 1.1530 may invalidate this setup and trigger a bullish move.
Trade smart on $EUR Watch the range.
#Forex
#EURUSDC
#BinanceTrading
#ShortSetup
#MarketAnalysis
Crypto vs Forex Trading: The Ultimate Showdown!
#crypto $BTC
Hey, trading fans! Ever wondered what sets crypto trading and forex trading apart? Buckle up as we dive into this epic battle of marketsāsimple, fun, and packed with insights to get you pumped!
The Basics: What Are We Trading? šš°
Forex Trading: Think of this as swapping one countryās money for anotherālike trading USD for EUR. Itās the global currency market, where banks, businesses, and traders play 24/5.Crypto Trading: This is all about digital coins like Bitcoin, Ethereum, or even PEPE! Itās a wild, decentralized world running 24/7 on blockchains, not banks.
The Big Differences That Matter! š„
Market Hours: Forex takes a breather on weekends, but crypto never sleepsātrade anytime, anywhere! Perfect for night owls or early birds.Volatility Vibes: Crypto is a rollercoasterāBitcoin can jump $10K in a day! Forex moves slower, with smaller swings unless big news hits. More thrill in crypto, more stability in forex.What Drives the Action: Forex loves economic news (interest rates, jobs data), while crypto thrives on hype, tech upgrades, and tweets. Imagine Elon Musk tweeting about Dogecoin vs. a Fed rate hike!Entry Cost: Forex often needs bigger bucks to start (think $100+), but crypto lets you buy fractions of a coin (e.g., 0.001 BTC) for as little as $10. More doors open with crypto!Regulation: Forex is tightly watched by governments, while cryptoās wild west vibe means less rules but more risk. Choose your adventure!
Pros and Cons to Get You Thinking š¤
Forex Wins: Steady gains, lower risk, and tons of educational resources. Great for beginners who love a plan.Crypto Rocks: Huge potential profits, a buzzing community (check Binance Square!), and the chance to ride the next big coin. But watch out for scams!The Catch: Forex is less flashy but safer; crypto can make you richāor wipe you out fast. Know your risk game!
Which Oneās Your Jam? š®
Love high stakes and meme coins? Dive into crypto! Prefer a calmer ride with global cash flows? Forex might be your match. Hit Binance Squareās #TradingTalks to share your pick or ask pros for tips. Whether itās trading EUR/USD or stacking SOL, the choice is yoursāstart small, learn big!
Disclaimer: Not financial advice. Trade smart and at your own risk!
#forex #BitcoinDunyamiz $USDT
Hey, trading fans! Ever wondered what sets crypto trading and forex trading apart? Buckle up as we dive into this epic battle of marketsāsimple, fun, and packed with insights to get you pumped!
The Basics: What Are We Trading? šš°
Forex Trading: Think of this as swapping one countryās money for anotherālike trading USD for EUR. Itās the global currency market, where banks, businesses, and traders play 24/5.Crypto Trading: This is all about digital coins like Bitcoin, Ethereum, or even PEPE! Itās a wild, decentralized world running 24/7 on blockchains, not banks.
The Big Differences That Matter! š„
Market Hours: Forex takes a breather on weekends, but crypto never sleepsātrade anytime, anywhere! Perfect for night owls or early birds.Volatility Vibes: Crypto is a rollercoasterāBitcoin can jump $10K in a day! Forex moves slower, with smaller swings unless big news hits. More thrill in crypto, more stability in forex.What Drives the Action: Forex loves economic news (interest rates, jobs data), while crypto thrives on hype, tech upgrades, and tweets. Imagine Elon Musk tweeting about Dogecoin vs. a Fed rate hike!Entry Cost: Forex often needs bigger bucks to start (think $100+), but crypto lets you buy fractions of a coin (e.g., 0.001 BTC) for as little as $10. More doors open with crypto!Regulation: Forex is tightly watched by governments, while cryptoās wild west vibe means less rules but more risk. Choose your adventure!
Pros and Cons to Get You Thinking š¤
Forex Wins: Steady gains, lower risk, and tons of educational resources. Great for beginners who love a plan.Crypto Rocks: Huge potential profits, a buzzing community (check Binance Square!), and the chance to ride the next big coin. But watch out for scams!The Catch: Forex is less flashy but safer; crypto can make you richāor wipe you out fast. Know your risk game!
Which Oneās Your Jam? š®
Love high stakes and meme coins? Dive into crypto! Prefer a calmer ride with global cash flows? Forex might be your match. Hit Binance Squareās #TradingTalks to share your pick or ask pros for tips. Whether itās trading EUR/USD or stacking SOL, the choice is yoursāstart small, learn big!
Disclaimer: Not financial advice. Trade smart and at your own risk!
#forex #BitcoinDunyamiz $USDT
Lists of rules in Trading
1. Never borrow Money to Trade.
2. Invest what you can afford to loose
3. Don't be greedy
4. Set TP & SL
5. Move SL to Entry when trade going your strategy
6. Be patience
7. Never close trade if SL not hit
#MarketPullback truth #Crypto_JobsšÆ #howtotrade #onlinebusiness #MarketPullback TOKEN2049
$BNB
$ETH
#forex
1. Never borrow Money to Trade.
2. Invest what you can afford to loose
3. Don't be greedy
4. Set TP & SL
5. Move SL to Entry when trade going your strategy
6. Be patience
7. Never close trade if SL not hit
#MarketPullback truth #Crypto_JobsšÆ #howtotrade #onlinebusiness #MarketPullback TOKEN2049
$BNB
$ETH
#forex
BigboyyRocket:
Good coach š š
Explore my portfolio mix. Follow to see how I invest!
ShareMyTradingOperation
Today I want to share a quick update on my trading activity. Iāve been focusing on both crypto and forex markets, analyzing charts, managing risk, and trying to stay consistent. I always set stop-loss and take-profit levels to avoid big losses. Iām using a combination of technical indicators like RSI and MACD to make my decisions. Sometimes trades go well, sometimes they donāt ā but Iām learning every day. Trading is a journey, not a race. Letās grow together and improve step by step. Feel free to share your own trading experience too!
#TradingJourney #Crypto #Forex
ShareMyTradingOperation
Today I want to share a quick update on my trading activity. Iāve been focusing on both crypto and forex markets, analyzing charts, managing risk, and trying to stay consistent. I always set stop-loss and take-profit levels to avoid big losses. Iām using a combination of technical indicators like RSI and MACD to make my decisions. Sometimes trades go well, sometimes they donāt ā but Iām learning every day. Trading is a journey, not a race. Letās grow together and improve step by step. Feel free to share your own trading experience too!
#TradingJourney #Crypto #Forex
#MyTradingStyle š My Trading Journey: A Quick Look š„
š Plan First
Every trade starts with a solid plan ā charts, analysis, clear entry & exit points. No random moves!
ā ļø Risk Control
Rule #1: Protect the account. I always use stop-losses and never risk more than Iām comfortable with.
š¼ Diversify the Game
Iām in stocks, forex, and crypto. Different markets, different vibes ā keeps things interesting and balanced!
š Learn Daily
Markets evolve. So do I. Every win & loss is a lesson to improve my game.
š¤ Sharing is Growth
Talking with fellow traders keeps me motivated and sharp. Letās grow together! šŖ
#TradingSignals #Discipline #Forex #stockmarket
š Plan First
Every trade starts with a solid plan ā charts, analysis, clear entry & exit points. No random moves!
ā ļø Risk Control
Rule #1: Protect the account. I always use stop-losses and never risk more than Iām comfortable with.
š¼ Diversify the Game
Iām in stocks, forex, and crypto. Different markets, different vibes ā keeps things interesting and balanced!
š Learn Daily
Markets evolve. So do I. Every win & loss is a lesson to improve my game.
š¤ Sharing is Growth
Talking with fellow traders keeps me motivated and sharp. Letās grow together! šŖ
#TradingSignals #Discipline #Forex #stockmarket
My 30 Days' PNL
2025-05-22~2025-06-20
+$2.89
+301.34%
Gold Market Update
Date 20-06-2025
Market is in fundamental confusion US has announced 2 week pending entrance in Isreal iran war that's why market is dropping
*Buying Opportunities*
First point: 3329-3326
Second Point: 3314- 3311
Swing point : 3302-3299
*Selling Opportunities*
1st point: 3367-3370
2nd point: 3388-3391
Use SL of 60 pips on each level and take target of 50-60 pips or higher
This is our point of view use your own analysis while taking financial risk
#forex #gold #Binance
Date 20-06-2025
Market is in fundamental confusion US has announced 2 week pending entrance in Isreal iran war that's why market is dropping
*Buying Opportunities*
First point: 3329-3326
Second Point: 3314- 3311
Swing point : 3302-3299
*Selling Opportunities*
1st point: 3367-3370
2nd point: 3388-3391
Use SL of 60 pips on each level and take target of 50-60 pips or higher
This is our point of view use your own analysis while taking financial risk
#forex #gold #Binance
XAUUSD (GOLD Update)
Done and Dusted,
š„ā šÆ
Price successfully dumped very well as NBS predicted in prior analysis, now price is close to marked demand zone - expecting that price will take support here and upside recovery move will trigger in it
#GOLD
#XAU
#XAUUSD
#forex
#MyTradingStyle
Done and Dusted,
š„ā šÆ
Price successfully dumped very well as NBS predicted in prior analysis, now price is close to marked demand zone - expecting that price will take support here and upside recovery move will trigger in it
#GOLD
#XAU
#XAUUSD
#forex
#MyTradingStyle
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