Strategy and signals OANDA:XAUUSD
✅As per our Technical Confluence indicator, the Gold Price floats within a $40 region multiple resistance area ahead of this week’s top-tier US inflation and employment clues.
✅That said, a convergence of the Pivot Point one-day R1 and the previous daily high guards the immediate recovery of the Gold Price near $1,928.
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Today's review OANDA:XAUUSD
Last week, international gold prices continued to fall as the US Dola Index and 10-year Treasury yields on the rise for the fourth consecutive week.
US consumers have begun to stress more in living and saving in spending due to continuously rising US interest rates. Force the Fed to stop raising interest rates if it doesn't want...
TVC:GOLD Gold price attracts some selling following an early uptick to the $1,946 area during the Asian session on Monday and drops to a fresh daily low in the last hour. The GOLD currently trades around the $1,940 region and for now, seems to have stalled its modest recovery move from the lowest level since July 11 touched on Friday.
The closely-watched monthly...
