XAUUSD - Gold price trend, news strategy Unemployment claim Jul
Gold prices steadied in midweek trading as the market corrected after a recent rally that brought gold to a 7-week high. Experts say that this is a respite for gold to conquer new levels.
Forecasting the gold price trend, in an interview with Kitco News, Ryan McIntyre, managing partner at Sprott Inc., said that the gold market once again started to shine when the US Federal Reserve (Fed) It looks like the end of its most bullish belt cycle in 40 years and the precious metal's move to new highs in the future should come as no surprise.
The upbeat outlook comes as gold prices test key jet resistance at $1,980 an ounce and could make a fresh push back towards $2,000 an ounce if the Fed announces that it's done. increase rate to go to the week.
XAUUSD BUY 1968 - 1970💯💯
✅ TP1: 1976
✅ TP2: 1982
✅ TP3: 1988
🛑 SL: 1960
Forecasting the gold price trend, in an interview with Kitco News, Ryan McIntyre, managing partner at Sprott Inc., said that the gold market once again started to shine when the US Federal Reserve (Fed) It looks like the end of its most bullish belt cycle in 40 years and the precious metal's move to new highs in the future should come as no surprise.
The upbeat outlook comes as gold prices test key jet resistance at $1,980 an ounce and could make a fresh push back towards $2,000 an ounce if the Fed announces that it's done. increase rate to go to the week.
XAUUSD BUY 1968 - 1970💯💯
✅ TP1: 1976
✅ TP2: 1982
✅ TP3: 1988
🛑 SL: 1960
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