Gold price turns red for the first time in six trading days ahead of US jobs data on Tuesday. US Dollar rebounds on pared June Fed rate cut bets after sold ISM Manufacturing PMI.
Should Gold buyers regain upbeat momentum, a retest of the all-time high at $2,266 will be in the offing, followed by the $2,270 round number.
The next on Gold buyers’ radars will be the $2,300 psychological level.
Gold now buy 2260
Target 2300
SL 2230
Should Gold buyers regain upbeat momentum, a retest of the all-time high at $2,266 will be in the offing, followed by the $2,270 round number.
The next on Gold buyers’ radars will be the $2,300 psychological level.
Gold now buy 2260
Target 2300
SL 2230
Comment:
Gold buy 20 pips running
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