SantaTradeGold

XAUUSD : Gold is creating an all-time record for himself

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
The US Dollar Weakens, While Gold and Bitcoin Reach New Highs Ahead of NFP Report.

In a speech before the Senate Banking Committee yesterday, Fed Chairman Jerome Powell hinted that interest rates may soon fall, saying, "If the economy performs as expected, the Fed is cautious about easing loosen monetary policy in the near future", and he also added: "The Fed is waiting to be confident that inflation will stabilize at 2%. When we have that confidence it will be The right time to reduce interest rates to prevent the economy from falling into recession."

Previously, yesterday the ECB decided to keep interest rates unchanged as expected by the market. Speaking at the press conference after the meeting, ECB President Christine Lagarde also emphasized that interest rate cuts will happen soon in the future when more important macroeconomic data becomes available.
Comment:
Buy 2185 - 2188

TP1 : 2195
TP2 : 2200
TP3 : 2205
TP4 : 2210
TP5 : 2218

SL 2175
Comment:
Buy limit 2179 - 2181

TP1 : 2185
TP2 : 2190
TP3 : 2195

SL 2175

👉 Free Signals Everyday: t.me/SantaTradeProInsightsFX
👉 Support 24/7 and More
👉 Join the group to profit every day.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.