XAUUSD: Every news is bad news for gold

Prospects for gold are soft for both the hawkish and dovish Fed expectations. The hawkish Fed expectations boost the dollar and the US yields and weigh on gold appetite. Dovish Fed expectations, on the other hand, boost the risk appetite, and drive capital to riskier, and better yielding assets – like equities, leaving gold behind.

Sell Gold 2045 - 2048

Stoploss 2053

Take profit 1: 2040
Take profit 2: 2035
Take profit 3: 2020

Trade closed: target reached:

SELL 2048 => 2035. HIT FULL TP1, TP2