Gold d1 opportunity
Gold retreats below $1,950 after US employment data
Gold price declined below $1,950 in the second half of the day on Wednesday. After ADP reported that employment in the private sector rose much more than expected in July, the benchmark 10-year US Treasury bond yield started to edge higher above 4%, causing XAU/USD to stretch lower.
If you want to trade
Gold 1944 now
Target 1950
Target 1960
Target 2000
Gold price declined below $1,950 in the second half of the day on Wednesday. After ADP reported that employment in the private sector rose much more than expected in July, the benchmark 10-year US Treasury bond yield started to edge higher above 4%, causing XAU/USD to stretch lower.
If you want to trade
Gold 1944 now
Target 1950
Target 1960
Target 2000
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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.