Gold afternoon 29.08 uncertain prospect

⚡️Any signs of economic resilience, particularly in inflation and the labor market, give the Fed more impetus and headroom to keep raising interest rates - a scenario that is expected to weigh on gold.

⚡️The outlook for the yellow metal also remains uncertain, given that U.S. rates are set to remain higher for longer - a trend that was recently reiterated by Fed Chair Jerome Powell.

⚡️While investors broadly expect the Fed to keep rates on hold in September, they have also scaled back any bets on an interest rate cut this year.

⚡️SELL XAUUSD price range 1928 - 1930 🌟TP 1920 ⚠️SL 1936

⚡️BUY XAUUSD price range 1917 - 1919 🌟TP 1928 ⚠️SL 1910

⚡️Share your ideas with Krado, I'm looking forward to it⚡️

Comment:

⚡️Gold prices near 3-week highs make dollar, profits fall⚡️

Comment:

⚡️BUY price range 1917 - 1919 + 130pips Hit TP
⚡️SELL price range 1928 - 1930 Hit SL 1936 - 60pips
⚡️total profit : 70pips congrats everyone

Trade closed: stop reached:

⚡️buy is higher than Krado's assessment