Gold prices maintained their upward momentum, supported by lower-than-estimated PMI data. In the European session, gold continued to increase from $2,119 to $2,140 and then decreased again to close the session at $2,128. Precious metals continue to be supported by recent US economic data, but the market is still waiting for the JOLTS jobs report and Fed Chairman Powell's testimony today. Currently, gold is falling slightly to $2,126.
Note
Sell XAU 2125 - 2127TP1: 2115
Tp2: 2110
SL: 2137
Note
Running + 20 pipsNote
running + 30 pipsNote
Sell XAU 2142 - 2140TP1: 2130
Tp2: 2120
SL: 2148
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.