XAUUSD 17/08: Still waiting for gold to rise again

Updated
Today's Strategy Analysis XAUUSD

Gold weakened because the dollar in the international market skyrocketed in the past few days in the context of the Fed's tight monetary policy.

The dollar index gained 0.2%, making gold more expensive for buyers holding other currencies.

Reflecting investors' lack of optimism about the gold price outlook, the world's largest gold exchange-traded fund (ETF) SPDR Gold Trust continued to net sell gold, its lowest holdings since January. 2020.
Note
BUY XAUUSD around the price: 1882 - 1884

Stoploss : 1880

Take Profit : 1898
Take Profit : 1902
Take Profit : 1907
Trade active
Note
Everything goes according to plan
Hope you make money🔥🔥🔥
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