GOLD movement trend

٦ أكتوبر ٢٠٢٣

World gold spot price stands around 1,822.7 USD/ounce, up 3.6 USD/ounce compared to last night. The price of gold futures delivered in December on the Comex New York floor is at 1,836.5 USD/ounce. The gold market did not have much reaction to the new numbers on labor in the US. US 10-year government bond yields left the highest level in the past 16 years. The USD also fell, thereby reducing the pressure on gold.
New York Fed President John Williams said the central bank may hold off on raising interest rates as inflationary pressures, while still high, are returning to the official target.

GOLD BUY 1819 - 1817🔼🔼

✔️TP1: 1824
✔️TP2: 1830

❌SL: 1812