HL-TradingFX

Gold on the way to 1960 USD

HL-TradingFX Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hello traders! Gold prices are continuing to rise as newly released data suggests a cooling labor market and a slowing US economy. Currently, the price of gold is trading around $1945 per ounce, with a target of reaching $195x.

The trading of gold on the 34 and 89 EMA lines indicates signs of price increase during this period.
Comment:
good luck everyone
Comment:
At the time of the survey, DXY measures greenback volatility with 6 major currencies (EUR, JPY, GBP, CAD, SEK, CHF) down another 0.11%, to 103.05.
Comment:
Gold is going in the right direction
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According to Kitco News's latest weekly gold survey, more than two-thirds of retail investors expect this precious metal commodity to increase.
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