FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
- weekly/ daily timeframe closed bearish at resistance of $1399.00.
- we could see price retrace back to the key support zone at $1360.00. However, this may be unlikely as the USD is currently sitting at a key zone.
- Fed Chairman Powell testifies on the current economic plans to the Economic Committee in Washington. With the chairman looking to cut rates soon, we could see some dovish from these events which could cause the USD to fall.

Regards,
GoldFXcc Team
GOLDFXCC™

UK’s Largest Forex Trading Group.
#EDUCATION | #SIGNALS | #MENTORSHIP

➤ Free Telegram: https://t.me/GFXMarketOutlook
♛ Website: https://goldfxcc.com

☛Join premium automatically 1Month trial
https://app.moonclerk.com/pay/4kndcatwy61f

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out