XAUUSD The upbeat mood extended into the early US session, following upbeat US data. The US dollar regained momentum after the US open, as better-than-expected macroeconomic data and waning demand for the safety of government bonds pushed yields into positive territory. XAUUSD fell to $1,911.46 before recovering some ground.
Gold's rally is facing new hurdles of $1,930 ahead of key central bank officials' speeches at the ECB forum. Upbeat US data, geopolitical worries from Russia constrain the US Dollar and XAUUSD bulls.
Support level: 1,903.80 1.888.10 1,870.15 Resistance levels: 1,924.05 1,933.50 1,941.90
You might consider Selling gold around XAUUSD 1934 – 1930 And my goal will be 1923 – 1910
You might consider Buying gold around XAUUSD 1902 – 1906 And my goal will be 1909 – 1923
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US targets Wagner Group in curbs on gold firms suspected of funding mercenary force.
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The Fed's bank stress test overlooks the scenarios that brought down three regional lenders earlier this year.
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The Federal Reserve's annual stress test of the major banks on Wall Street for the current year was based on a scenario of a severe global economic recession, with inflation rising to levels of 10%.