XAUUSD : Gold is rising again at the first session of the week.
Updated
Gold rebounded at the beginning of the new week, waiting for the upcoming PCE report!
Last week, gold rose sharply after the FOMC meeting but reversed most of the gain after a series of US economic data at the weekend.
Last week, gold prices swept in two directions after economic data, especially after the Fed's interest rate policy meeting. The precious metal rose from $2,154 to $2,222 after the "dovish" message from Chairman Powell before turning down sharply and ending the week at $2,164 when the manufacturing PMI index increased stronger than expected.
This week, the market will receive a series of important economic data, including the CB consumer confidence index, GDP report, and PCE index - the Fed's favorite inflation measure. Currently, gold is rebounding to $2,175.
Last week, gold rose sharply after the FOMC meeting but reversed most of the gain after a series of US economic data at the weekend.
Last week, gold prices swept in two directions after economic data, especially after the Fed's interest rate policy meeting. The precious metal rose from $2,154 to $2,222 after the "dovish" message from Chairman Powell before turning down sharply and ending the week at $2,164 when the manufacturing PMI index increased stronger than expected.
This week, the market will receive a series of important economic data, including the CB consumer confidence index, GDP report, and PCE index - the Fed's favorite inflation measure. Currently, gold is rebounding to $2,175.
Note
💵XAUUSD SELL 2176 - 2180 💵✔️TP 2172
✔️TP 2168
❌SL 2185
Trade active
⚡️ running + 40 pips - Move SL to Entry🔼🔼🔼⏫⏫⏫Trade active
HIT TP1 60 pips 🪙🪙🪙Trade active
💵HIT 110 pips ☄️☄️☄️🪙🪙🪙Note
💵XAUUSD BUY 2163 - 2166 💵✔️TP 2170
✔️TP 2175
❌SL 2159
Note
⚡️ running + 35 pips - Move SL to Entry🔼🔼🔼⏫⏫⏫Note
⚡️ running + 45 pips - Move SL to Entry🔼🔼🔼⏫⏫⏫Note
hit tp 1 65 pipsNote
hit FULL tp 115 pipsNote
💵XAUUSD SELL 2176 - 2180 💵✔️TP 2172
✔️TP 2168
❌SL 2185
Trade active
⚡️ running + 50 pips - Move SL to Entry🔼🔼🔼⏫⏫⏫Note
hit tp 1 80 pipsNote
hit FULL tp 120 pips
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