CMC MARKET FOREX BROKER

✅GBPUSD
SELL: 1.20600
SL: 1.21150
TP: 1.18000

GOLD (#XAUUSD): Update & The Thing to Watch🥇

On a today’s live stream we discussed ⚠️Gold!
The market keeps coiling on a key daily horizontal support.

Analyzing a 4H time frame, I spotted a potential inverted head & shoulders pattern.
The price has already completed the left shoulder, the head and currently it is forming the right shoulder.

1842 - 1850 is its horizontal neckline.
The trigger to buy Gold will be its bullish breakout (4h candle close above).
A bullish continuation will be expected to 1866 / 1879 levels then.

If the price sets a new low, the pattern will become invalid though.
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What is going to happen on 24th February 2023?

» The president of the USA, Mr. Joe Biden, visited Ukraine today.

» White House national security adviser Jake Sullivan has said Biden had wanted to send a “clear, unmistakable message” of enduring US support for Ukraine with his presence.

» Ukrainian President Zelenskyy has warned #China against supporting Russia, saying doing so would bring about a world war.

» #Turkey not exporting items to Russia that can be used in the war effort: Foreign minister.

» The #USA will provide #Ukraine with a new military aid package worth $500 MILLION, President Joe Biden has said.

» China’s top diplomat, Wang Yi, is expected to hold talks on Monday with #Russian officials over the war in Ukraine as part of a visit to #Moscow.

This week's trading is crucial and challenging; if you don't have the right direction for the trade may lose your entire capital.

Contact us for autotrade service and trade safely in #war situation »

BUY Gbpaud
TP1 1.74600
Tp2 1.74960
Sl  1.73900

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📉AUDUSD SELL📉
👉Enter now OR before 0.6941
💰Take profit 1- 0.6861
💰Take profit 2- 0.6811
💰Take profit 3- 0.6761
📍stop loss- 0.7041