Gold sell confirm signal
Updated
Gold price reverses modest uptick, bears regain control ahead of US NFP
Gold price struggles to capitalize on its modest intraday positive move to the $1,825 area on Friday. Bets for more Fed rate hikes in 2023, elevated US bond yields and a bullish USD continue to weigh. Traders now look forward to crucial US NFP for a fresh directional impetus.
Gold now sell 1824
Target 1820
Target 1816
Target 1790
SL 1835
Gold price struggles to capitalize on its modest intraday positive move to the $1,825 area on Friday. Bets for more Fed rate hikes in 2023, elevated US bond yields and a bullish USD continue to weigh. Traders now look forward to crucial US NFP for a fresh directional impetus.
Gold now sell 1824
Target 1820
Target 1816
Target 1790
SL 1835
Comment
Target 1 hit 40 pips done ✅Comment
Target 2 hit 80 pips done ✅Comment
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