TVC:GOLD Gold prices attracted some buying power in the Asian session on Friday and partially reversed the previous day's sharp decline to a two-week low on upbeat macro data from the United States.
GOLD is now trading around the $1,950 region, up 0.20% on the day, although the upside looks limited given the growing possibility of the Federal Reserve (Fed) raising interest rates.
For the time being, you can sell around 1955. Then wait for my buy signal to continue this strategy. Have a nice weekend my friends