This should allow the Fed to keep rates higher for longer and possibly extend the rate-hiking cycle into 2024, which leads to an extended selloff in the US fixed-income market. Meanwhile, the spillover effect, along with looming recession fears and worries about China's ailing property sector, continues to take its toll on the global risk sentiment. This, in turn, benefits the traditional safe-haven Gold price and holds back bearish traders from placing fresh bets amid oversold conditions on the daily chart. Investors now look to the US ADP report and ISM Services PMI for short-term opportunities later this Wednesday.
Gold price set
Gold sell now 1822
Target 1800
👉 wish trader to manage your account well
👉 Take small lots with money management
👉Take small stoploss and big take profit according to your capital
👉 The winner is who have patients
Gold price set
Gold sell now 1822
Target 1800
👉 wish trader to manage your account well
👉 Take small lots with money management
👉Take small stoploss and big take profit according to your capital
👉 The winner is who have patients
Comment:
Keep hold
Comment:
Gold will fall
Comment:
Target will hit
Comment:
Running 50 pips
Comment:
Market hit 1817