XAUUSD: The Return of the Buyers

The rush to safety boosted the demand for the Greenback, as well as the US government bonds, smashing the US Treasury bond yields and Gold price amid a ‘sell the everything’ mode. At the moment, Gold price continues to defy its bullish bias, reflected by the technical indicators. The US Dollar remains on track to book its first weekly gain in three, with eyes on developments surrounding the US debt ceiling issue. A White House spokesperson said on Thursday, “a debt limit meeting between US President Joe Biden and top lawmakers that had been scheduled for Friday has been postponed, and the leaders agreed to meet early next week.“

SELL GOLD zone 2020 - 2023

Stoploss: 2027
Take profit 1: 2015
Take profit 2: 2010
Take profit 3: 2005

BUY GOLD zone 2005 - 2000

Stoploss: 1995
Take profit 1: 2015
Take profit 2: 2030
Take profit 3: 2040

Trade chiuso: obiettivo raggiunto:

BUY 2005 => to 2022. +170pips ✅✅✅

Trade chiuso: obiettivo raggiunto:

SELL 2022 => to 2012. +100pips ✅✅✅

Trade attivo