XAUUSD The upbeat mood extended into the early US session, following upbeat US data.The US dollar regained momentum after the US open, as better-than-expected macroeconomic data and waning demand for the safety of government bonds pushed yields into positive territory. XAUUSD fell to $1,911.46 before recovering some ground.
Gold's rally is facing new hurdles of $1,930 ahead of key central bank officials' speeches at the ECB forum. Upbeat US data, geopolitical worries from Russia constrain the US Dollar and XAUUSD bulls.
Support level: 1,903.80 1.888.10 1,870.15
Resistance levels: 1,924.05 1,933.50 1,941.90
You might consider Selling gold around
XAUUSD 1934 – 1930 And my goal will be 1923 – 1910
You might consider Buying gold around
XAUUSD 1902 – 1906 And my goal will be 1909 – 1923
Note: Fully install TP, SL to prioritize safety in trading and conquering the market.
Note
US targets Wagner Group in curbs on gold firms suspected of funding mercenary force.Trade active
to entry, prepare nowTrade active
PLAN BUY RUNNING +100PIPSNote
The Fed's bank stress test overlooks the scenarios that brought down three regional lenders earlier this year.Note
The Federal Reserve's annual stress test of the major banks on Wall Street for the current year was based on a scenario of a severe global economic recession, with inflation rising to levels of 10%.
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.
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.