XAUUSD (GOLD) 4H Chart short
Updated
If the break out cloud more bullish
Wait and watch cloud price action bull or bear
Gold regained above the $1800 level on the weak US dollar. Markets eye US Fed chairman testimony for further direction. The US dollar index is holding below 96 levels despite hawkish Fed and surging yields. The minor sell-off in US treasury yield supports the yellow metal at lower levels. Gold hits an intraday high of 1810and is currently trading around $1809.89.
Wait and watch cloud price action bull or bear
Gold regained above the $1800 level on the weak US dollar. Markets eye US Fed chairman testimony for further direction. The US dollar index is holding below 96 levels despite hawkish Fed and surging yields. The minor sell-off in US treasury yield supports the yellow metal at lower levels. Gold hits an intraday high of 1810and is currently trading around $1809.89.
Note
DISCLAIMER: ((trade based on your own decision ))
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.