The price of XAU fell while becoming fragile
Updated
Over the past few weeks, Fed officials have emphasized that the market is too optimistic in expectations of policy easing
Reduced cut expectations have put slight pressure on XAU
World gold prices tend to increase with spot gold increasing by 1.3 USD to 2,036.6 USD/ounce. Last week, the world gold market was less volatile with prices fluctuating in a narrow range between 2,020 USD and 2,030 USD/ounce. Kitco News' latest weekly gold survey results show that Wall Street experts are optimistic about gold in the short term.
optimistic about gold in the short term, believing that the precious metal is ignoring moves related to the delay in loosening monetary policy by the US Federal Reserve (Fed) and will continue to increase further this week. .
Reduced cut expectations have put slight pressure on XAU
World gold prices tend to increase with spot gold increasing by 1.3 USD to 2,036.6 USD/ounce. Last week, the world gold market was less volatile with prices fluctuating in a narrow range between 2,020 USD and 2,030 USD/ounce. Kitco News' latest weekly gold survey results show that Wall Street experts are optimistic about gold in the short term.
optimistic about gold in the short term, believing that the precious metal is ignoring moves related to the delay in loosening monetary policy by the US Federal Reserve (Fed) and will continue to increase further this week. .
Note
BUY XAU 2025 - 2023TP1: 2030
TP2: 2037
SL: 2015
Note
Hit TP1
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