XAUUSD 26/06: Will Gold recover quickly?

XAUUSD Gold prices are rising after the last trading session of last week, when the US Dollar fell.

Concerns about prolonged global monetary policy tightening causing recession risks have added to the safe-haven flow in Gold prices.

Looking ahead, risk sentiment, US Dollar price action and Fed rate hike expectations will continue to drive Gold prices amid a lack of top US economic data.

You might consider Buying gold around XAUUSD 1903 – 1906
And my goal will be 1914 – 1930

You might consider Selling gold around XAUUSD 1943 - 1940
And my goal will be 1933 – 1918

Note: Fully install TP, SL to prioritize safety in trading and conquering the market.

Comment:

Billions in federal infrastructure spending could be wasted due to outdated government rainfall models

Comment:

It is approaching entry

Trade active:

activity going on

Comment:

The US economy is now expected to narrowly dodge a recession this year, but underlying inflation will be faster than previously thought, according to a Bloomberg survey.

Comment:

The US economy is now expected to narrowly dodge a recession this year, but underlying inflation will be faster than previously thought, according to a Bloomberg survey.

Comment:

Lagarde: Monetary policy currently has only one goal: to return inflation to our 2% medium-term target in a timely manner. And we are committed to reaching this goal come what may.