XAUUSD- LONG (TARGET REACHED)

Gold price ( XAU/USD ) prints mild losses around $2,020 during early Thursday, after rising to the highest levels since March 2022 the previous day. The precious metal’s previous run-up could be linked to the broad US Dollar weakness amid downbeat United States data and receding hawkish bets on the Federal Reserve’s (Fed) next move, not to forget downbeat US Treasury bond yields. However, the recession woes seemed to have underpinned the Gold price recovery amid mixed clues.

HIT TP 2! 60 PIPS! ENJOYY!!

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