Gold prices (XAU/USD) once again came under selling pressure during the Asian session on Friday, falling back below $3,300 following a lackluster performance the day before. Gold prices are approaching a two-week low hit on Tuesday as investors await the release of the US personal consumption expenditures (PCE) price index. This key inflation indicator is expected to provide a new interpretation of the Fed's policy outlook and could significantly affect the direction of the US dollar (USD), ultimately determining the short-term direction of this non-yielding gold.
Selling pressure last weekend caused gold prices to fall below 3300, and today the selling pressure continued to fall
⭐️Set gold price:
🔥Sell gold area: 3326-3328 SL 3333
TP1: $3315
TP2: $3302
TP3: $3290🔥
Buy gold area: $3248-$3250 SL $3243
TP1: $3260
TP2: $3270
TP3: $3280⭐️
Within the framework of controllable risks, we will continue to create safe and reliable value growth for trust. Free trading signals ☛t.me/+arTT14Fe44tkMzAx
Disclaimer
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Within the framework of controllable risks, we will continue to create safe and reliable value growth for trust. Free trading signals ☛t.me/+arTT14Fe44tkMzAx
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.