TrategySherpa

XAU maintains its downward momentum

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Banks are affected by falling crude oil prices and rising government bond yields as investors await upcoming economic data this week.
Looking ahead, the market will receive the US inflation report on Thursday. This will be an important data point to determine the outlook for Fed interest rates in the near future.
Comment:
SELL XAU 2032
TP1: 2022
TP2: 2012

SL: 2042
Comment:
running + 50 pips
Comment:
running + 80 pips
Comment:
running + 120 pips

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