XAU continues to increase slightly
Experts predict that the possibility of the Fed cutting interest rates by 25 basis points is increasing, which could make gold prices vulnerable in the coming time. The August jobs report is forecast to be insufficient for the Fed to cut by 50 basis points on September 18. This is unlikely to help gold reach new peaks.
Note
SELL XAU 2515
TP1: 2507
TP2: 2500
SL: 2522
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