XAU increased after the Fed chairman spoke
Aktualisiert
The spot price of gold (XAU/USD) soared last night to more than 2,328 USD/ounce after Fed Chairman Jerome Powell spoke. Mr. Powell affirmed that cutting interest rates now is inappropriate until inflation shows clear signs of returning to the 2% target. He also added that this year's inflation data is "not convincing enough" to change the Fed's stance.
The DXY index fell back to trading around 105.7 after rising above 106.0 early yesterday. This has invisibly created conditions for many major currency pairs to recover quite well
The DXY index fell back to trading around 105.7 after rising above 106.0 early yesterday. This has invisibly created conditions for many major currency pairs to recover quite well
Anmerkung
SELL XAU 2320 TP1: 2315
TP2: 2310
SL: 2326
Anmerkung
running + 50 pipsAnmerkung
hit tp 2 + 100 pipsAnmerkung
close + 150 pipsAnmerkung
buy 2300TP1: 2310
SL: 2294
Anmerkung
HIT TP1 + 100 PIPS
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