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XAUUSD 30/06: Gold and the last trading session of the month

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Gold lacks clear direction even as bears push prices to three-month lows. The metal's recent sluggish move could be linked to a cautious mood ahead of key US inflation signs.

Gold fell below $1,900 for the first time since March and then rallied strongly, even as US yields remained near daily highs, possibly due to profit-taking.

The recovery has eased pressure on Gold, but the downside remains, with Powell talking about higher interest rates and US data beating expectations. Certainly, the Core Personal Consumption Spending Index released on Friday will be very important for the Fed and also for Gold.

You might consider Buying gold around XAUUSD 1900 – 1903
And my goal will be 1910 – 1924

You might consider Buying gold around XAUUSD 1893 – 1895
And my goal will be 1902 – 1916

Note: Fully install TP, SL to prioritize safety in trading and conquering the market.

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