Furthermore, the White House announced a meeting between President Joe Biden and Republican House of Representatives Speaker Kevin McCarthy to overcome the looming US default. Ahead of the event, the US policymakers appear somewhat optimistic about extending the debt ceiling limit before the June expiry.
Against this backdrop, Wall Street closed with mild gains and the US Treasury bond yields dribbled in a positive territory. That said, the US Dollar Index (DXY) snapped a two-day uptrend while retreating from the five-week high.
SELL XAUUSD zone 2026 - 2029
Stoploss: 2035 Take Profit1: 2015 Take Profit2: 2010 Take Profit3: 2005
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