Waiting for FOMC meeting minutes and US CPI report
During the February 19 session, gold rose to nearly $2,023 as Middle East geopolitical tensions persisted but then fell back as the USD recovered. In the context of investors maintaining caution, precious metals are unlikely to break out before the release of the FOMC minutes and the US CPI on Thursday. Currently, gold is increasing slightly to $2,018.
The SPDR Gold Shares fund had no changes during the recent President's Day holiday. The fund's holdings remained at 837.89 tons.
The SPDR Gold Shares fund had no changes during the recent President's Day holiday. The fund's holdings remained at 837.89 tons.
Comment:
running + 40 pips
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TP1: 2020
TP2: 2015
SL: 2038