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Farmerfx trading journal in Trading Journal_68922e7c602bf

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Currently, the sell position on the AUD/USD pair remains open, with no stop-loss or profit targets yet. If the US and Iran reach a peace agreement, the USD will likely weaken. Conversely, if diplomatic failure occurs, the war could resume, boosting demand for the USD as a safe-haven asset.
#121 - May 21, 2026, 10:51:45 PM
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Shocked, this morning, the AUD/USD pair opened with a gap up, with the USD weakening at the opening of the week. Diplomatic talks between the US and Iran may be supporting de-escalation. Although a final agreement has not yet been reached, the 60-day temporary ceasefire is good news for investors. The AUD/USD position is still floating as it has not yet hit its stop-loss or taken profit.
#122 - May 24, 2026, 10:39:00 PM
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Today, I'm trying to target XAGUSD. News that a US-Iran peace deal is nearing completion could increase risk appetite and put pressure on the USD. Here, I'm trying to place a pending buy limit order on Silver near the nearest support.
#123 - May 25, 2026, 10:47:45 PM
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A pending order on silver ended with a stop-loss hit as the strengthening USD continues to pressure the precious metal. Gold is now around $4,506, in a support zone near the lower band. Wary of further declines, I'm remaining on a wait-and-see approach.
#124 - May 26, 2026, 09:54:07 PM
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It appears that gold is still under pressure. Yesterday, the price of gold fell again to a low of $4,401. This may be due to the Fed's hawkish stance, the still-high yield of U.S. bonds, and the selling of gold for profit-taking or to cover daily expenses due to the global economic slowdown.
#125 - May 27, 2026, 11:26:52 PM
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#126 - Today at 10:19:06 AM

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Gold short positions were hit by profit-taking. Gold prices rebounded due to a technical correction in the DXY after failing to maintain momentum above the upper resistance area. The market is now anticipating the Fed's favorite US inflation data, the US Core PCE Price Index, which will determine the direction of the Fed's future interest rate policy.
#126 - May 28, 2026, 10:58:53 PM
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The Fed's interest rates are likely to remain high, technically holding back gold's rise. However, in the medium term, analysts expect the USD to weaken due to the US fiscal situation. Pending sell limit orders on gold with stop-loss orders.
#127 - May 31, 2026, 11:23:49 PM
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Gold prices corrected to around $4,485 after rising to around $4,594. The US dollar remains strong amid expectations of higher interest rates from the Fed. The Middle East conflict should support gold, but the market is more focused on rising energy prices and inflation due to the conflict. The XAUUSD sell limit remains at around $4,595.
#128 - June 01, 2026, 11:16:46 PM
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Gold prices are consolidating, trending in a mildly bearish or neutral phase. Today, the market is awaiting the release of high-impact US economic data, which could be a driver for gold. I'm still leaving my pending order in place.
#129 - June 02, 2026, 11:02:58 PM
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The strengthening USD continues to put pressure on precious metals, including silver. The Fed's relatively high interest rates have reduced the attractiveness of gold and silver. Trading positions in silver remain volatile. Today, the market will be anticipating the release of the NFP data, which could cause significant fluctuations.
#130 - June 04, 2026, 10:59:07 PM
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Last Friday's NFP report caused gold and silver prices to drop. Solid US employment data pushed up US bond yields and strengthened the USD. Gold is expected to see a technical correction after the sharp decline.
#131 - June 07, 2026, 10:58:40 PM
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Today, the market is expected to adopt a wait-and-see approach, awaiting the release of US CPI data tomorrow. Gold prices are expected to drop and undergo a short-term technical correction. Before the news release, gold prices are expected to consolidate within a narrow range.
#132 - June 08, 2026, 10:59:50 PM
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Silver and gold appear to remain under pressure from the strengthening USD. The strengthening of the USD was driven by solid US employment data. Today,  await the US CPI, which is high-impact news for the USD. I am still holding a sell position on silver.
#133 - June 09, 2026, 11:19:33 PM
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I haven't added any new positions today; I'm just trying to modify my stop-loss on silver to secure a small profit. If the price continues to fall, I hope to hit my profit target on the H4 timeframe.
#134 - June 10, 2026, 11:07:44 PM
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The draft MoU between the US and Iran appears to be impacting the market. Oil prices fell significantly, with the DXY falling to 99,502. Gold rose with a gap up at the open. This morning, I closed my profit position on gold as the price had risen considerably and the RSI was oversold. I then opened a buy limit order near last week's closing price on the FXOpen chart. Judging by today's changes, if the market continues to respond to the draft MoU to be signed in Zurich, gold may be able to rise again without a deeper correction.
#135 - June 14, 2026, 11:10:05 PM
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« Last Edit: June 14, 2026, 11:12:25 PM by farmerfx »

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