Trading signals

XAU/USD

XAUUSD

The poor US data and concerns around the US-China trade deal supported the yellow metal on Thursday. The US labor data will be eyed today.

 

The main scenario is a return the region of 1500. 

An alternative scenario is a growth to the mark of 1517.

 

Trading recommendations

 

Sell the gold to 1500 when the metal overcomes 1510. 

Buy the spot towards 1517 when buyers break through 1513 upwards. 

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