Daniel Ang

Buying Opportunity in XAU/USD - Bought @ $1858.25 Tue, Feb 14, 2023 20:24pm. Bought #2 @ $1840.04 Tue, Feb 21, 2023 17:11pm. Bought #3 @ $1,828.57 Thu, Feb 23, 2023, 12:35pm. Bought #4 @ $1,826.43 Thu, Feb 23, 2023, 16:00pm

Chart XAUUSD, D1, 2023.02.14 12:39 UTC, Blueberry Markets Pty Ltd, MetaTrader 4, Real

XAU/USD tumbled from a 10-year high of $1959.76 after multi-central banks rate hikes two weeks ago. This evening, price actions hit a 2-week low at $1850.47. U.S. CPI data is due out in an hour's time and it could provide the catalyst for a price surge to possibly re-test the all-time high.

TRADE IDEA

Bought #1 @ $1858.25 Tue, Feb 14, 2023 20:24pm.

Bought #2 @ $1840.04 Tue, Feb 21, 2023 17:11pm. 

Bought #3 @ $1,828.57 Thu, Feb 23, 2023, 12:35pm.

Bought #4 @ $1,826.43 Thu, Feb 23, 2023, 16:00pm 

Stop @ $1824.00

Target @ $2062.00. Move to $1,850.00.