XAUUSD
Updated
(XAU/USD) is hesitating on Wednesday after having rallied about 2.5% over the previous three days. The precious metal has been capped at the $2,700 round level during the early Asian session, with investors reluctant to bet against the US Dollar (USD) ahead of the release of the US Consumer Prices Index (CPI) reading at 13:30 GMT
Gold prices fell in India on Wednesday, according to data compiled by FXStreet.
The price for Gold stood at 7,342.29 Indian Rupees (INR) per gram, down compared with the INR 7,344.80 it cost on Tuesday.
The price for Gold decreased to INR 85,644.76 per tola from INR 85,668.30 per tola a day earlieGold price seems to have stabilized following good two-way intraday price swings and currently trades around the $2,690 area, below a two-week high touched earlier this Wednesday. Expectations that the Fed will adopt a cautious stance on cutting rates continue to push the US Treasury bond yields.
Gold prices fell in India on Wednesday, according to data compiled by FXStreet.
The price for Gold stood at 7,342.29 Indian Rupees (INR) per gram, down compared with the INR 7,344.80 it cost on Tuesday.
The price for Gold decreased to INR 85,644.76 per tola from INR 85,668.30 per tola a day earlieGold price seems to have stabilized following good two-way intraday price swings and currently trades around the $2,690 area, below a two-week high touched earlier this Wednesday. Expectations that the Fed will adopt a cautious stance on cutting rates continue to push the US Treasury bond yields.
Trade active
XAUUSD SELL 270 pips running hits done
Trade closed: target reached
GOLD Sell 400 PIPS TARGET has been completed 
✅ 100% safe trade and account management service available
◽Free Education & Signal Dailyᚔ
t.me/markforex078
◽Fundamental + Technical Siganlsᚒ
◽Premium ViP Signalsᚒ
◽Tips
◽Sniper Entries
t.me/markforex078
◽Free Education & Signal Dailyᚔ
t.me/markforex078
◽Fundamental + Technical Siganlsᚒ
◽Premium ViP Signalsᚒ
◽Tips
◽Sniper Entries
t.me/markforex078
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.