XAUUSD Gold lacks clear direction even as bears push prices to three-month lows. The metal's recent sluggish move could be linked to a cautious mood ahead of key US inflation signs.Gold fell below $1,900 for the first time since March and then rallied strongly, even as US yields remained near daily highs, possibly due to profit-taking.
The recovery has eased pressure on Gold, but the downside remains, with Powell talking about higher interest rates and US data beating expectations. Certainly, the Core Personal Consumption Spending Index released on Friday will be very important for the Fed and also for Gold.
You might consider Buying gold around
XAUUSD 1900 – 1903 And my goal will be 1910 – 1924
You might consider Buying gold around
XAUUSD 1893 – 1895 And my goal will be 1902 – 1916
Note: Fully install TP, SL to prioritize safety in trading and conquering the market.
Note
PLAN BUY RUNNING!
+50PIPS
Trade active
Running +130pips!Wonderful!
Keep waiting, I hope Gold go to TP $1924!
Trade active
Running +180pips!Nice!
Trade active
Running +200pips!Wating TP 1924 hahahhh
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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.