XAUUSD Against the backdrop of market weakness on July 4, the USD managed to find a foothold on the back of growing recession fears, as the Fed is likely to continue on its path of rate hikes to contain inflationary. According to the latest ISM data released on Monday, the impact of the Fed tightening is worsening US business conditions, as the country's manufacturing sector shrinks further in the coming weeks. Risk aversion capped the recent uptrend in US Treasury yields, pushing Gold prices to fresh weekly highs. However, the bears continue to lurk above the $190 mark amid resurgent US Dollar demand.
Focus also remains on Fed Minutes for fresh insights on Fed rate hike path, which will ultimately affect Gold price direction ahead of key US jobs data scheduled to be released later in the week.
You might consider Buying
XAUUSD around 1910 – 1912 And my goal will be 1919 – 1933
You might consider Sell
XAUUSD around 1938 - 1935 And my goal will be 1928 – 1914[/b]
Note: Fully install TP, SL to prioritize safety in trading and conquering the market.
註釋
I put my trust in this plan交易進行
Plan sell hit TP1 + 70pips!
交易進行
Plan sell hit TP2!+200pips!
Bravo!
註釋
The dollar rose broadly after the release of minutes from the US Federal Reserve's latest policy meeting boosted expectations of a rate hike this month.
相關出版品
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。