TrategySherpa

Experts forecast that XAU will continue to increase

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Geopolitical tensions in the world have not ended and central banks of countries are constantly buying gold for reserves
Currently, gold prices are rising mainly due to geopolitical tensions
High US interest rates over a longer period of time are not a good sign for gold, pushing up the opportunity cost of investing in the yellow metal.
Recent statements from US Federal Reserve (Fed) officials show that it is likely that the US Central Bank will not reduce interest rates this year.
Comment:
SELL XAU 2351 - 2053
TP1: 2345
Tp2: 2340
SL: 2358

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