Gold fell slightly today and is now around 1916, as Fed officials' speeches weighed on Fed rate cut expectations, and the dollar index rose, suppressing gold prices, but the continued weakening of U.S. Treasury yields also provided support to the gold market, and there was still some wait-and-see sentiment ahead of the release of the US CPI data for July.
Overall, the short-term focus on 1910 and 1902 support, if it cannot be broken, gold may rebound and rise, it should be noted that when the market volatility is relatively large, choose the right position to reduce trading risks
Gold personal trading strategy
xauusd:@buy1902-1907 tp1920-1925
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lets see what we get tomorrow! You better be following along so you dont miss outTrade active
Watch for the release of US CPI data for JulyTrade active
Continued rise
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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.