The trend of monetary easing and gold buying by central banks, along with geopolitical tensions, have boosted the price of this precious metal.
The main event this week that has a strong impact on gold prices is the US core personal consumption expenditure (PCE) index for August, which is an important inflation measure of the Fed.
The main event this week that has a strong impact on gold prices is the US core personal consumption expenditure (PCE) index for August, which is an important inflation measure of the Fed.
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SELL XAU 2630 TP1: 2622
TP2: 2615
SL: 2637
Note
Running + 50 pips Note
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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.