Gold prices held steady around $3,000 on Tuesday, hovering near an all-time high hit last week, as investors awaited a policy decision from the U.S. Federal Reserve to gauge the country's economic outlook amid tariffs and trade tensions.
New economic projections from Fed officials this week will provide the clearest evidence yet of how the U.S. central bank is viewing the potential impact of Trump administration policies that have overshadowed a previously solid economic outlook.
XAUUSD trading strategy around the price zone:
SELL XAUUSD around 3010-3012 Stoploss: 3015 Take Profit 1: 3005 Take Profit 2: 3000 Take Profit 3: 2995
BUY XAUUSD around 2980-2982 Stoploss: 2975 Take Profit 1: 2988 Take Profit 2: 2992 Take Profit 3: 2998
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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.