Gold rebounded at the beginning of the new week, waiting for the upcoming PCE report!
Last week, gold rose sharply after the FOMC meeting but reversed most of the gain after a series of US economic data at the weekend.
Last week, gold prices swept in two directions after economic data, especially after the Fed's interest rate policy meeting. The precious metal rose from $2,154 to $2,222 after the "dovish" message from Chairman Powell before turning down sharply and ending the week at $2,164 when the manufacturing PMI index increased stronger than expected.
This week, the market will receive a series of important economic data, including the CB consumer confidence index, GDP report, and PCE index - the Fed's favorite inflation measure. Currently, gold is rebounding to $2,175.
Last week, gold rose sharply after the FOMC meeting but reversed most of the gain after a series of US economic data at the weekend.
Last week, gold prices swept in two directions after economic data, especially after the Fed's interest rate policy meeting. The precious metal rose from $2,154 to $2,222 after the "dovish" message from Chairman Powell before turning down sharply and ending the week at $2,164 when the manufacturing PMI index increased stronger than expected.
This week, the market will receive a series of important economic data, including the CB consumer confidence index, GDP report, and PCE index - the Fed's favorite inflation measure. Currently, gold is rebounding to $2,175.
Nota
💵XAUUSD SELL 2176 - 2180 💵✔️TP 2172
✔️TP 2168
❌SL 2185
Trade attivo
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HIT TP1 60 pips 🪙🪙🪙Trade attivo
💵HIT 110 pips ☄️☄️☄️🪙🪙🪙Nota
💵XAUUSD BUY 2163 - 2166 💵✔️TP 2170
✔️TP 2175
❌SL 2159
Nota
⚡️ running + 35 pips - Move SL to Entry🔼🔼🔼⏫⏫⏫Nota
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hit tp 1 65 pipsNota
hit FULL tp 115 pipsNota
💵XAUUSD SELL 2176 - 2180 💵✔️TP 2172
✔️TP 2168
❌SL 2185
Trade attivo
⚡️ running + 50 pips - Move SL to Entry🔼🔼🔼⏫⏫⏫Nota
hit tp 1 80 pipsNota
hit FULL tp 120 pips
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