Gold price this afternoon (July 8)Given the definition of the gold price trend, market participants remain anxious and oriented to signs of the US Federal Reserve’s stance on monetary tightening, which could shape the future course of gold prices.
As the US dollar gains traction, it is also a difficult time for gold. But if the tariff war accelerates, gold will rise, especially as fears of annihilation and trade wars increase.
🔴 XAUUSD BUY 3295 3293 🔴
✅TP1: 3310
✅TP2: 3320
✅TP3: OPEN
🚫 SL:3289
🔴 XAUUSD SELL 3308 3306 🔴
✅TP1: 3300
✅TP2: 3290
✅TP3: OPEN
🚫 SL:3313