XAUUSD: Analyze gold price trends today
Updated
Gold prices (XAU/USD) struggled to capitalize on modest intraday gains and retreated to the lower end of the day's trading range during the first half of the European session on Wednesday. The US Dollar (USD) attracted some buying activity and traded above a one-week high reached the previous day amid doubts about the Federal Reserve's ability to cut interest rates soon ( Fed). This is underpinned by a further rise in US Treasury yields, which, in turn, is seen as a key factor acting as a headwind for the non-yielding yellow metal.
Note
💵XAUUSD SELL 2045 -2047💵✔️TP1 2042
✔️TP2 2038
❌SL 2055
Note
💵XAUUSD SELL 2045 -2047💵✔️TP1 2042
✔️TP2 2038
❌SL 2055
Runing + 60 pip
Note
Runing + 70 pipNote
💵XAUUSD SELL 2045 -2047💵✔️TP1 2042
✔️TP2 2038
❌SL 2055
Hit 2tp
Related publications
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.