Gold trading strategy on June 19, buy or sell at the moment?

Updated
Gold prices ticked down in light trade on Monday, pressured by a stronger dollar, as investors assessed the path ahead for interest rates following hawkish remarks from U.S. Federal Reserve policymakers.

Spot gold fell 0.1% to $1,955.79 per ounce by 0433 GMT. U.S. gold futures
were down 0.2% to $1,967.20.

The dollar index edged up, making bullion less attractive for buyers holding other currencies.

Traders are now pricing in an about 72% chance of Fed rate hike in July, according to the CME Fedwatch tool.

XAUUSD BUY 1950 - 1952 💯💯

✅ TP1: 1958
✅ TP2: 1963
✅ TP3: 1970

🛑 SL: 1942

Note
Running +50Pips ✅
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