The price of gold (XAU/USD) is showing a slight upward trend for the second day in a row on Friday. However, there is a lack of strong bullish sentiment, and it is still below the important psychological level of $2,000 during the Asian session. Investors are currently staying on the sidelines and eagerly awaiting the release of the monthly employment data from the United States (US). They are looking for clues about the Federal Reserve's plans for interest rate hikes before making any new trading decisions.
Currently, Gold price is moving in the 1986 zone, consolidating. The uptrend will continue
Signal today:
Long zone 1980-1982 SL 1975
Short zone 1993-1995 SL 2000
Currently, Gold price is moving in the 1986 zone, consolidating. The uptrend will continue
Signal today:
Long zone 1980-1982 SL 1975
Short zone 1993-1995 SL 2000
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