HDTradingMaster

XAUUSD - Gold rises again, buying trend tonight news

Long
HDTradingMaster Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold price spiked today after a report by the US Bureau of Labor Statistics (BLS) showed that by the end of July, 2023, the number of jobs created for 8.82 million people, much lower than the project. architecture 9.46 million people.

On the other hand, the consumer confidence index dropped from 114 points to 106 points. This shows the consumer demand of the skateboarding family. Accordingly, the market forecast that the US Federal Reserve (FED) will keep interest rates unchanged at its meeting in September 2023.

In response to the above information, financial investors sold USD on a large scale, causing this currency to drop sharply; The US bond interest rate from 4.2%/year to 4.1%/year has triggered the gold market to heat up.

Immediately, introduce a capital base in precious metals. Today's world gold price increased sharply by 20 USD, from 1,915 USD/ounce to 1,935 USD/ounce at 6:00 a.m. on August 30.
Comment:
XAUUSD BUY 1925-1927🕯

✔️ TP1: 1932
✔️ TP2: 1938

🚫 SL: 1917
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