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Sphyn-Trader
Aug 15, 2023 3:20 AM

XAUUSD: correction recovery of yellow metal Short

GoldOANDA

Description

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.

Comment

BUY XAUUSD zone 1899 - 1902

SL: 1896

TP: 1905
TP: 1908

Trade closed: stop reached

Close plan buy hit full TP +90pips
Comments
kiran_c
Thank you.
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