Hello market warriors! In today's session, XauUSD is gradually looking for a potential area to buy about 2700 USD. This adjustment is not a coincidence, but because Gold witnessed the leaps of last week, largely due to instability revolving around the race of the US president, escalating tensions in Middle East and Kha Kha's expectations. Fed interest rate decreases.
This week, the focus of the market will focus on the US election, decide the interest rate from the Fed and a series of important economic data, from the requirements of unemployment benefits to the psychology of consumers. use. These will be big wave factors for gold prices!
Currently, gold is still surrounded by $ 2750 per ounce, continuing to strengthen the long -term increase.
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