BISON Finacial

https://t.me/BISON_FINACIAL
A guide to trade gold currency to achieve profitable growth!💰
🏅 Daily Market Analysis 📈
🏅 Daily 7-10 Signals Gold and Currency 💯
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https://t.me/BISON_FINACIAL
https://t.me/BISON_FINACIAL
https://t.me/BISON_FINACIAL

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💴 Spacialy Trade on "XAUUSD"
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🔈 Trading plan for September 16

➡️Fundamental Overview
- Gold extends rally after media reignites debate over 0.50% vs 0.25% Fed cut

- Gold continued to rally during Friday’s Asian session due to the revival of the debate over whether the Federal Reserve (Fed) will cut interest rates by 0.50% or 0.25% at its meeting next Wednesday.

- The release of still-high core consumer price inflation data, in the form of the Consumer Price Index (CPI) on Wednesday, had seemingly put to bed hopes of a “jumbo” 0.50% (50 pbs) cut. However, an article by a respected The Wall Street Journal (WSJ) Fed Watcher Nick Timiraos, as well as comments from former President of the New York Fed William Dudley, suggested a 0.50% should still be considered. This, in turn, led to a fall in US Treasury yields, a sell-off in the US Dollar (USD), and a rally in Gold’s price.

- Lower interest rates are positive for Gold because it reduces the opportunity cost of holding the non-interest-bearing asset, making it more attractive to investors.

➡️XAU/USD Technical Overview
- Price is still in a solid bullish structure in the H1 - Daily Large Timeframe and includes growth waves in the M5 - M15 - M30 timeframes
- We can trade within the range of the 2 rising trendlines and expect the price to correct at 2591 - 2593 and soon return to 2573 -2565.

➡️XAU/USD Trading signals
👨‍💻 XAUUSD Sell zone 2591 - 2593
🔹SL 2597
🔹TP 2585 - 2573 - 2565

👨‍💻 XAUUSD Buy zone 2565 - 2567
🔹SL 2561
🔹TP 2574 - 2579

Note : Note that the price is at its peak so it will be quite difficult to trade so pay attention to stoploss to keep your account safe.

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