The price of XAU/USD (gold) raced past the key level $1,300 on Friday to end the US session at around $1,306 after the news that Trump was planning to wage another trade war with America’s immediate neighbors to the South, Mexico.
SELL GOLD 1315 SL 1325 TG 1291
GOLD IN DANGER ZONE : 1280 - 1289 SL 1268
The price of gold (XAU/USD) failed to build on Thursday’s gains on Friday with the yellow metal experiencing a consolidative pattern. The XAU/USD (gold) rebounded on Thursday to hit a weekly high of $1,288 after bottoming at $1,268 early in the week.
The price of gold has traded within a range of $1,268 and $1,303 since...
GOLD SELL 1307 SL 1314 TG 1254
Gold price ended yesterday’s trading above the bullish channel’s resistance, to confirm the continuation of the bullish bias on the intraday basis, which targets testing 61.8% Fibonacci correction level at 1286.70 as a next station.
Therefore, the bullish trend will be suggested in the upcoming sessions unless breaking 1270.00...