Gold is forecast to cool down after rising sharply
Updated
Gold prices maintained gradual gains, supported by data PMI that was lower than estimates. In Europe, gold continued to increase from $2,119 to $2,140 and then decreased again and is at the $2,128 version. Precious metals continue to be supported by recent US economic data, but the market is still waiting for the JOLTS jobs report and Fed Chairman Powell's hearing today. Currently, gold is falling to $2,126.
Note
Sell gold 2125 - 2127TP1: 2115
Tp2: 2110
SL: 2137
Note
running + 20 pipsNote
running + 30 pipsNote
Sell GOLD 2142 - 2140TP1: 2130
Tp2: 2120
SL: 2148
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