Gold prices established a new level of support amid persistent dollar weakness, while copper fell sharply on worries about importers.
The yellow metal traded close to a one-month high, tracking the dollar's slide to 15-month lows after a series of weak U.S. inflation indicators fueled fish stocks. bet that the Federal Reserve is about to hit its highest interest rate of the year.
BUY XAUUSD zone 1943 - 1941
Stop Loss : 1937
Take Profit 1: 1947
Take Profit 2: 1952
Take Profit 3: 1960
Note: Installing TP SL fully wins the market and is safe in trading
The yellow metal traded close to a one-month high, tracking the dollar's slide to 15-month lows after a series of weak U.S. inflation indicators fueled fish stocks. bet that the Federal Reserve is about to hit its highest interest rate of the year.
BUY XAUUSD zone 1943 - 1941
Stop Loss : 1937
Take Profit 1: 1947
Take Profit 2: 1952
Take Profit 3: 1960
Note: Installing TP SL fully wins the market and is safe in trading
Note
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.