Risk aversion capped the recent uptrend in US Treasury yields, pushing Gold prices to fresh weekly highs. However, the bears continue to lurk above the $190 mark amid resurgent US Dollar demand.
Focus also remains on Fed Minutes for fresh insights on Fed rate hike path, which will ultimately affect Gold price direction ahead of key US jobs data scheduled to be released later in the week.
You might consider Buying
And my goal will be 1919 – 1933
You might consider Sell
And my goal will be 1928 – 1914[/b]
Note: Fully install TP, SL to prioritize safety in trading and conquering the market.
Note
I put my trust in this planTrade active
Plan sell hit TP2!+200pips!
Bravo!
Note
The dollar rose broadly after the release of minutes from the US Federal Reserve's latest policy meeting boosted expectations of a rate hike this month.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.
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.