short term strategy for gold

301
At the beginning of the trading session in the US market, the world gold price increased, investors increased their gold purchases. The US August employment report was gloomy, pushing up expectations for the US Federal Reserve (Fed) to loosen monetary policy. , the possibility of the Fed cutting interest rates by 25 basis points is increasing, which could make gold prices vulnerable in the near future.
Note
sell gold 2504
TP1: 2496

TP2: 2488

S:" 2511
Note
Running + 30 pips

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.