HDTRADING -In a downtrend, expect to reach a new record price
For now, the market is waiting for the July jobs report for more clarity on the Fed's next monetary policy path. The nonfarm payrolls figure is expected to rise to 200,000 jobs, compared with a gain of 209,000 in the June report.
It can be seen that the gold market is facing a kind of "headwind" as the use of resilience, a healthy labor market and strong economic activity support the positive monetary policies of the United States. feed. Even so, TD Securities, a Canadian investment bank, still finds factors supporting gold reaching record highs later this year.
In his latest gold report, Bart Melek, head of commodity strategy at TD Securities, said he expects gold to rally to $2,100 an ounce, an all-time high by year-end. . This year, weak economic data will change the Fed's stance.
It can be seen that the gold market is facing a kind of "headwind" as the use of resilience, a healthy labor market and strong economic activity support the positive monetary policies of the United States. feed. Even so, TD Securities, a Canadian investment bank, still finds factors supporting gold reaching record highs later this year.
In his latest gold report, Bart Melek, head of commodity strategy at TD Securities, said he expects gold to rally to $2,100 an ounce, an all-time high by year-end. . This year, weak economic data will change the Fed's stance.
הערה:
News Trading Trends Unemployment Claims and ISM Services PMI will be updated at this article
הערה:
XAUUSD SELL 1945 - 1947🕯
✅ TP1: 1938
✅ TP2: 1930
❌ SL: 1952
✅ TP1: 1938
✅ TP2: 1930
❌ SL: 1952
הערה:
XAUUSD BUY 1925 - 1927🕯
✅ TP1: 1935
✅ TP2: 1942
❌ SL: 1919
✅ TP1: 1935
✅ TP2: 1942
❌ SL: 1919
