HL-TradingFX

GOLD 16/6 : Any chance for gold ?

Short
TVC:GOLD   CFDs on Gold (US$ / OZ)

Gold prices struggle to capitalize on the previous day's nice bounce from the $1,925-$1,924 area, or the lowest since March 17, and hovered within a materials trading range throughout the Asian session. on Friday.

US Dollar (USD) struggles to record any meaningful recovery and weakens near 5-week low amid expectations that Federal Reserve (Fed) is nearing end of bull run ratio pull long one year

The pause in the Fed's interest rate hike will have a positive impact on gold. any signs that the Fed is actively tightening its monetary policy will result in a strong sell-off of gold.
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