Gold price (XAU/USD) gains some positive traction on Wednesday and move away from the weekly low, around the $1,954-1,953 area touched the previous day. The precious metal trades with a mild positive bias above the $1,970 level during the early European session and for now, seems to have stalled its recent retracement slide from the vicinity of the $2,000 psychological mark, or a five-month top touched last Friday.
Softer US Treasury bond yields fail to assist the US Dollar (USD) to capitalize on the overnight solid bounce from a one-month, which, in turn, is seen benefitting the non-yielding yellow metal. Apart from this, looming recession risk, fueled by a flurry of weaker economic data from Europe on Tuesday, along with the Middle East conflict, turns out to be another factor lending some support to the safe-haven XAU/USD.
XAUUSD BUY : 1971
TP. : 1980
TP. : 1990
TP. : 2000
SL. : 1960
Softer US Treasury bond yields fail to assist the US Dollar (USD) to capitalize on the overnight solid bounce from a one-month, which, in turn, is seen benefitting the non-yielding yellow metal. Apart from this, looming recession risk, fueled by a flurry of weaker economic data from Europe on Tuesday, along with the Middle East conflict, turns out to be another factor lending some support to the safe-haven XAU/USD.
XAUUSD BUY : 1971
TP. : 1980
TP. : 1990
TP. : 2000
SL. : 1960
Comment:
Follow My Chart 📉📈
Comment:
Confirm Target 🎯
Comment:
Running Amazing 😍
Comment:
Confirm Buy Target
Comment:
20 Pips Running 💨
Comment:
25 Pips Running Amazing Profit 🤩
Comment:
Support Us Need your support
Comment:
Confirm Chart 📉📈
Comment:
50 PIPS RUNNING 💨
Comment:
Support Us Need your support
Comment:
Follow Us For More Best Profitable Charts.
Comment:
Running Amazing Profit 💥💯
Comment:
60 Pips Done Nicely Enjoy Big Profit 💥💯
Comment:
Follow My Chart 📈📈
Comment:
80 Pips Done ✅
Comment:
90 Pips Running Enjoy 💥💯
Comment:
Follow My Chart 📉📈
Comment:
Enjoy Big Profit 🤩🤩
Comment:
100 Pips Done ✅👍
Comment:
110 Pips Running 💨
Comment:
120 Running Enjoy 💥💯
Comment:
Confirm Target 🎯
Comment:
Follow My Chart 📉📈
Comment:
125 Pips Enjoy 💥💥
Comment:
Support Us Need your support
Comment:
Confirm Chart 📉📈
Comment:
140 Pips Running 💨
Enjoy 💯💥
Enjoy 💯💥
Comment:
Follow My Chart 📉📈