XAUUSD | Perspective for the new week

2022年6月12日

Gold hits a 4-Week high as the U.S. Inflation report shocks the market participants hereby confirming a 41-year high which suggests that the Federal Reserve could get more aggressive with rate hikes in the nearest future hence a potential clamour for a haven in the yellow metal appears to be increasing as we head into the new week. So, In this video, I have identified a key level at $1,870 that shall be a guide as a break above and retest could push the price further up.

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