Sphyn-Trader

XAUUSD: forecast ISM Services PMI

Short
Sphyn-Trader Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
In the Asian session on Thursday, the price of gold experienced a slight increase and recovered some of its losses from the previous day, reaching a three-week low at around 1,933-1,932. Currently, the XAU/USD pair is trading with a slight upward trend in the 1,937-1,938 range, showing an increase of almost 0.20% for the day. However, it appears that any significant upward movement is still difficult to achieve.

Gold trend continues to decline in the short term
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