XAUUSD : Gold continuously creates new peaks

Gold rebounded higher after the disappointing services PMI report.

Gold broke out and increased around the $2,300 area after the US services PMI report was lower than expected.

In the April 3 session, gold was supported when the ISM services PMI report dropped to 51.4 compared to the initially estimated level of 52.8. The precious metal fell to $2,267 early in the European session but then rebounded sharply and ended the day at $2,293 after the PMI data was released.

Today, the market will receive unemployment benefit applications along with further speeches from Fed officials. Currently, gold is rising to $2,300.

Trade active:

Buy Limit 2288 - 2290

TP1 : 2295
TP2 : 2300
TP3 : 2305

SL : 2280

SELL Now : 2298 - 2300

TP1 : 2295
TP2 : 2290
TP3 : 2288

SL : 2305

Comment:

Running sell 20 pips

Comment:

hit tp 1 30 pips

Comment:

Hit 50 pips

Comment:

Round 2 Sell Hit 50 pips

Comment:

Round 1 BUY Limit Hit 100 pips
Round 2 BUY Limit Hit Full 170 pips