XAU/USD - Fed warns of Economic Uncertainty

5月8日

The XAU/USD pair on the M30 timeframe presents a Potential Buying Opportunity due to a recent Formation of a Bullish Flag Pattern. This suggests a shift in momentum towards the upside and a higher likelihood of further advances in the coming hours.

Possible Long Trade:
Entry: Consider Entering A Long Position around Trendline Of The Pattern.

Target Levels:
1st Resistance – 3473
2nd Resistance – 3519

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5月8日

交易進行

Gold rises as Fed warns of economic uncertainty, the Federal Reserve (Fed) mentioned potential problems in the economy, like inflation and job issues.

At the same time, people are paying attention to upcoming trade discussions between the United States and China.

5月8日

交易結束：達到停損點