Gold recovered slightly ahead of the inflation report
Anxiously waiting for news of the inflation report
DXY's slight decline after a few recovery sessions could help gold rise again today. Gold is still a popular asset in the context of high world inflation and Middle East geopolitical tensions. Gold is currently recovering to $2,028 after falling to $2,024 yesterday.
After two days of no action, the SPDR Gold Shares fund sold its holdings from 869.6 tons to 864.99 tons.
DXY's slight decline after a few recovery sessions could help gold rise again today. Gold is still a popular asset in the context of high world inflation and Middle East geopolitical tensions. Gold is currently recovering to $2,028 after falling to $2,024 yesterday.
After two days of no action, the SPDR Gold Shares fund sold its holdings from 869.6 tons to 864.99 tons.
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running + 40 pips
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hit TP1 + 100 pips
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TP1: 2020
TP2: 2010
SL 2045