XAUUSD : Gold will fluctuate with FOMC meetings

Gold comes under pressure as the week of major central bank meetings begins

Gold extended its decline from last week's economic data, with focus shifting to this week's Fed meeting

World gold prices had a volatile week when US economic data was stronger than estimates. The precious metal plummeted from $2,179 to $2,152 on a higher-than-expected CPI report, causing the market to lower prices for a Fed rate cut. Gold mostly traded in a wide price range of $2,152 - $2,177 before ending the week at $2,155.

Next week, the market will receive a series of important economic data, including the Fed's interest rate decision along with US manufacturing and services PMI data. Currently, gold is falling to $2,151.

코멘트:

Buy 2145 - 2147

TP : 2150
TP2 : 2155

SL : 2140

코멘트:

Hit tp1 40 pips

코멘트:

Hit 70 pips

코멘트:

Hit full TP 90 pips