World gold prices increased slightly with spot gold increasing by 3.2 USD to 2,518.6 USD/ounce. Gold futures last traded at $2,553.90/ounce, up $4.30 from yesterday morning.
World gold prices continue to maintain their recent record high thanks to support from the weakening of the USD and increased expectations that interest rates will be cut at the September meeting after the balance statement from Chairman of the US Federal Reserve (Fed) Jerome Powell.
According to UBS analyst Giovanni Staunovo, Mr. Powell sent a strong signal about providing monetary policy at the end of the third quarter. The president of the most powerful central bank in the world is also strong, the speed and process of cuts will depend on the upcoming economic material.
✅
XAUUSD SELL 2523 - 2528
✔️TP1: 2515
✔️TP2: 2500
💥TP3: OPEN
🚫SL: 2536
✅XAUUSD BUY 2503 - 2500
✔️TP1: 2515
✔️TP2: 2530
💥TP3: OPEN
🚫SL: 2494
World gold prices continue to maintain their recent record high thanks to support from the weakening of the USD and increased expectations that interest rates will be cut at the September meeting after the balance statement from Chairman of the US Federal Reserve (Fed) Jerome Powell.
According to UBS analyst Giovanni Staunovo, Mr. Powell sent a strong signal about providing monetary policy at the end of the third quarter. The president of the most powerful central bank in the world is also strong, the speed and process of cuts will depend on the upcoming economic material.
✅
XAUUSD SELL 2523 - 2528✔️TP1: 2515
✔️TP2: 2500
💥TP3: OPEN
🚫SL: 2536
✅
XAUUSD BUY 2503 - 2500✔️TP1: 2515
✔️TP2: 2530
💥TP3: OPEN
🚫SL: 2494
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🔴9-12 signals per day
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🔴24/7 support for newbies.
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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.
PREMIUM CHANNEL ✉️
🔴9-12 signals per day
🔴Free knowledge support
🔴24/7 support for newbies.
🔴You always have priority.
t.me/xauusdtradingfx
🔴9-12 signals per day
🔴Free knowledge support
🔴24/7 support for newbies.
🔴You always have priority.
t.me/xauusdtradingfx
Related publications
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.