XAUUSD: correction recovery of yellow metal
The price of gold continues to decline as the US dollar strengthens and concerns about China's largest XAU/USD customer persist. In doing so, the precious metal fails to justify its traditional safe haven status, as well as signaling an inability to rally concerns that the Federal Reserve will maintain stable interest rates in its September monetary policy meeting, supported by recent softer US data.
Trade closed: stop reached:
Close plan buy hit full TP +90pips
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2. Knowledge sharing, forex trading guide. Safe capital management 💲
3. 4000 pips monthly 🚀
FREE signals in Telegram: t.me/sphyntrading
SL: 1896
TP: 1905
TP: 1908