XAU fell slightly ahead of today's US economic data
Updated
In the March 13 session, gold rebounded after Tuesday's decline when the CPI report rose higher than expected. The precious metal traded between $2,156 and $2,159 for most of yesterday before rebounding sharply to end the day at $2,177. Gold's rise was partly supported by the weakening of the USD and US government bond yields.
Today, the market will receive a series of important economic data, including core PPI, retail sales, and US unemployment claims. Currently, gold is falling slightly to $2,173.
Today, the market will receive a series of important economic data, including core PPI, retail sales, and US unemployment claims. Currently, gold is falling slightly to $2,173.
Note
SeLL XAU 2168 - 2172TP1: 2160
TP2:2150
sl: 2182
Note
hit Tp1 + 80 pipsNote
BUY XAU 2168 - 2165TP1: 2174
TP2: 2180
SL: 2155
Note
running + 40 pipsNote
running _ 70 pips
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