XAU tracking lower, currently testing the 1900 support level.
As the DXY continues its move higher towards 102.00, due to speculation for more aggressive and consistent FOMC rates decision, XAU has continued its downtrend.
If price breaks below 1900, look for short term selling opportunities towards 1880.00
As the DXY continues its move higher towards 102.00, due to speculation for more aggressive and consistent FOMC rates decision, XAU has continued its downtrend.
If price breaks below 1900, look for short term selling opportunities towards 1880.00
Join my mailing list jindaotai.com/joinme
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.
Join my mailing list jindaotai.com/joinme
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.