#XAU/USD# #trading#
Gold prices moved higher on Tuesday, ending up $5.47 at $1794.16 as it was triggered by the weakening US dollar sentiment behind the prospect of lower US inflation.
Gold is likely to be sold this morning (10/8), testing the support at $1787 amid the outlook for a rebound in the US dollar on the back of the still maintained prospect of a rate hike by the US Federal Reserve. However, if it moves up until it breaks above the $1798 level, there is a chance to buy aiming at the resistance at $1800. Potential Asian session trading range at $1787 - $1800.
إخلاء المسؤولية: الآراء الواردة هنا تعبر فقط عن رأي الكاتب، ولا تمثل الموقف الرسمي لـ Followme. لا تتحمل Followme مسؤولية دقة أو اكتمال أو موثوقية المعلومات المُقدمة، ولا تتحمل مسؤولية أي إجراءات تُتخذ بناءً على المحتوى، ما لم يُنص على ذلك صراحةً كتابيًا.
