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-600 Points in XAUUSD

XAUUSD Analysis

XAUUSD is moving in downtrend line and market has reached lower high area of the pattern 

XAUUSD Update

XAUUSD consolidates near lower high, indicating a potential stop-loss level, yet it may fall within the Downtrend line. Reason Owing to a succession of economic news events, such as those listed below, the market is currently devoid of significant technical fluctuations.

U.S. Factory Orders MoM

U.S. JOLTs Job Openings

U.S. Federal Open Market Committee (FOMC) Member Michelle W. Bowman Speaks

FOMC Member Williams Speaks

U.S. Federal Open Market Committee (FOMC) Member Mester Speaks

U.S. Federal Open Market Committee (FOMC) Member Mary Daly Speaks

 Exercise patience and await a strong signal for the next favorable trading opportunity. Our priority is to ensure your safety while trading in all market conditions.

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