On Tuesday (September 16), international gold prices continued to surge ahead of the Federal Reserve’s interest rate decision.
So far this year, gold has risen about 41%, far outperforming U.S. equities over the same period. After breaking above the $3,000/oz mark in March, gold has marched higher, surpassing $3,600/oz in early September and now breaking through the $3,700/oz threshold.
Spot gold briefly broke above $3,700/oz, hitting an all-time high before pulling back on profit-taking. It still closed up 0.29% at $3,689.58/oz.
Trading suggestion: During the U.S. session, gold hit a historical high of $3,703.5 before short-term profit-taking drove a pullback. It ultimately closed at $3,689.8, forming a long upper-shadow inverted hammer on the daily chart. Such a candlestick still signals further upside potential today.
Trading strategy: Buy near 3,670, SL 3,664, TP 3,680–3,732.
Peringatan: Pendapat yang disampaikan sepenuhnya merupakan milik penulis dan tidak mencerminkan posisi resmi Followme. Followme tidak bertanggung jawab atas keakuratan, kelengkapan, atau keandalan informasi yang disediakan, serta tidak bertanggung jawab atas tindakan apa pun yang diambil berdasarkan konten ini, kecuali dinyatakan secara tertulis.
Tinggalkan pesan Anda sekarang