Short

XAUUSD BUY

Updated

Gold price (XAU/USD) attracts some buyers for the fourth successive day on Monday and trades near its highest level since December 28 touched on Friday. Friday's disappointing release of the US ISM Manufacturing PMI and the University of Michigan’s Consumer Sentiment Index, along with less-hawkish remarks by Federal Reserve (Fed) officials, reaffirmed bets for a June rate cut. This, in turn, keeps the US Dollar (USD) bulls on the defensive and acts as a tailwind for the yellow metal.

Note

200 Pips Done

Note

300 Pips Running ⚡️

Note

2150 Target Completed ✔️

Trade closed: target reached

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