The price of gold is facing difficulties in maintaining its recent success, with trading hovering around 1,915 per troy ounce during the Asian session on Friday. The precious metal is currently in the process of rebounding from the losses it experienced over the past four weeks, as investors eagerly anticipate a speech by Jerome Powell, Chairman of the US Federal Reserve (Fed), at the Jackson Hole Symposium.
Comment:
Running +90pips
Trade closed: stop reached:
Close hit TP1 +120pips
Stoploss: 1900
Take Profit 1: 1915
Take Profit 2: 1920
Take Profit 3: 1925