XAU increased after last night's news
Updated
XAU increased after last night's news
XAU weakened following the release of US producer price data for April. (PPI) in April of the US increased compared to the previous period
The Fed will continue to maintain restrictive monetary policy until inflation declines
Fed Chairman Jerome Powell not signaling a rate hike is also positive for XAU and could help the precious metal gain further.
XAU weakened following the release of US producer price data for April. (PPI) in April of the US increased compared to the previous period
The Fed will continue to maintain restrictive monetary policy until inflation declines
Fed Chairman Jerome Powell not signaling a rate hike is also positive for XAU and could help the precious metal gain further.
Note
🔥 XAUUSD SELL 2360 - 2362 🔥💰 TP1 2355
💰TP2 2345
❌ SL 2368
🔥 XAUUSD BUY LIMIT 2347 - 2349 🔥
💰 TP1 : 2355
💰 TP2 : 2360
❌ SL 2340
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