XAU weakens after US PCE data
Updated
During the March 26 session, gold prices rose back to $2,195, but as soon as data on the number of US durable goods orders was announced, gold adjusted back down. Price support is currently located around the old peak at $2,144.5
There won't be much major news coming out in the near term, so all eyes will be on the US PCE data, released on Friday as traders look for data to predict. When will the Fed lower interest rates?
There won't be much major news coming out in the near term, so all eyes will be on the US PCE data, released on Friday as traders look for data to predict. When will the Fed lower interest rates?
Note
BUY XAU 2175 - 2170TP1: 2185
TP2: 2195
SL: 2160
Note
BUY GOLD 2175 - 2170TP1: 2185
TP2: 2195
SL: 2160
Note
running + 50 pipsNote
Hit TP 2 + 200 pipsNote
CLOSE ALL + 240 pipsNote
💵XAUUSD SELL 2195 - 2197💵✔️TP 2190
✔️TP 2180
❌SL 2202
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