XAUUSD - GOLD PRICE DECREASED AT THE BEGINNING OF THE WEEK
💵GOLD PRICE AND ECONOMIC INFORMATION
Gold eased below $2,390 per ounce on Monday after rising over 1% in the previous session, but remained close to six-week highs, driven by increased expectations of early rate cuts by the Federal Reserve following soft US economic data. Friday’s data indicated a weakening US labor market, with the unemployment rate rising to a two-and-a-half-year high and wage growth falling to a three-year low.
🔴SELL GOLD: 2396 - 2398, SL: 2402
🟢BUY GOLD: 2362 - 2360, SL: 2356
⛔️Breakout: top border 2393 -2397 - below 2378 - 2369
🔼Support: 2378 -2370 - 2364 - 2360
🔽Resistance: 2385 -2393 - 2397
GOOD LUCK EVERYONE👍
Gold eased below $2,390 per ounce on Monday after rising over 1% in the previous session, but remained close to six-week highs, driven by increased expectations of early rate cuts by the Federal Reserve following soft US economic data. Friday’s data indicated a weakening US labor market, with the unemployment rate rising to a two-and-a-half-year high and wage growth falling to a three-year low.
🔴SELL GOLD: 2396 - 2398, SL: 2402
🟢BUY GOLD: 2362 - 2360, SL: 2356
⛔️Breakout: top border 2393 -2397 - below 2378 - 2369
🔼Support: 2378 -2370 - 2364 - 2360
🔽Resistance: 2385 -2393 - 2397
GOOD LUCK EVERYONE👍
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.