Gold price (XAU/USD) seesaws around
2
,005 as it struggles for clear directions amid sluggish trading early Monday morning in Europe.
The bright metal marked the first daily loss in four the previous day, as well as posted the biggest daily loss in three weeks, as the US Dollar posted a corrective bounce off a one-year low. Adding strength to the XAU/USD inaction could be the mixed catalyst surrounding the US Federal Reserve (Fed) and the geopolitical fears amid a light calendar for the day, as well as for the week.
HIT TP 1! RUNNING 190 PIPS!
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2
,005 as it struggles for clear directions amid sluggish trading early Monday morning in Europe. The bright metal marked the first daily loss in four the previous day, as well as posted the biggest daily loss in three weeks, as the US Dollar posted a corrective bounce off a one-year low. Adding strength to the XAU/USD inaction could be the mixed catalyst surrounding the US Federal Reserve (Fed) and the geopolitical fears amid a light calendar for the day, as well as for the week.
HIT TP 1! RUNNING 190 PIPS!
#M88N
#GOODLUCK
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