Intro Gold
Price Tag
Sell at 2526 - 2530 SL at 2533
TP at 2440
- Gold price continues to draw support from bets for a 50 bps Fed rate cut in September.
- Falling US bond yields and softer USD also act as a tailwind for the non-yielding metal.
- Bulls, however, seem reluctant and await the release of the US NFP report on Friday.
Price Tag
Sell at 2526 - 2530 SL at 2533
TP at 2440
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.