Gold: Weak US ADP jobs data could drive XAU/USD above $1,950
Gold price is challenging three-week highs near $1,940 in Wednesday’s trading so far but the further upside depends on the upcoming top-tier US ADP employment data, especially after the JOLTS Job Openings data disappointed by a wide margin on Tuesday.
Gold buy 1936
Buy limit from 1931
Target 1950
Gold price is challenging three-week highs near $1,940 in Wednesday’s trading so far but the further upside depends on the upcoming top-tier US ADP employment data, especially after the JOLTS Job Openings data disappointed by a wide margin on Tuesday.
Gold buy 1936
Buy limit from 1931
Target 1950
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20 pips running
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90 pips running close half lot move sl to entry point
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120 pips have done market hit 1948
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Keep hold