XAU waits for news from the fed
Updated
Today's price January 29, 2024 in the market is trending sideways and the Fed's upcoming news
The international spot gold price on Kitco ended last week at 2,018.8 USD per ounce. The price of gold delivered in April 2024 on the Comex New York floor is at 2,036.1 USD per ounce.
Gold prices today, January 29, on the international market are losing direction when the upcoming monetary policy of the US Federal Reserve (Fed) is unclear.
The world USD price tends to decrease slightly. The DXY index - measuring the strength of the USD compared to 6 major currencies - closed last week at 103.47 points, down 0.1% compared to the previous session.
The international spot gold price on Kitco ended last week at 2,018.8 USD per ounce. The price of gold delivered in April 2024 on the Comex New York floor is at 2,036.1 USD per ounce.
Gold prices today, January 29, on the international market are losing direction when the upcoming monetary policy of the US Federal Reserve (Fed) is unclear.
The world USD price tends to decrease slightly. The DXY index - measuring the strength of the USD compared to 6 major currencies - closed last week at 103.47 points, down 0.1% compared to the previous session.
Note
BUY XAU 2025TP1: 2030
TP2: 2035
SL: 2015
Note
running + 20 pipsNote
Hit TP1+ 70 pipsNote
Hit TP 2 + 100 pips
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