Investors need to continue to closely monitor economic data.
retail investors are bullish on gold’s potential upside. Industry experts are split on short-term bullish and bearish sentiment.
Marc Chandler, CEO of Bannockburn Global Forex, predicts that gold prices will trend sideways this week. Gold has hit its target of $2,600 an ounce after the Fed cut interest rates. The gold market will be less active as investors take profits.
Marc Chandler, CEO of Bannockburn Global Forex, predicts that gold prices will trend sideways this week. Gold has hit its target of $2,600 an ounce after the Fed cut interest rates. The gold market will be less active as investors take profits.
Not
SELL gold 2630
Tp1: 2622
TP2: 2615
SL: 2636
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Running + 60 pips Not
hit tp2
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