Trading signals

XAUUSD

XAUUSD

Gold lost momentum after positive US-China trade deal headlines. However, no news from this front afterwards locked the precious metal in a narrow range.

 

The main scenario assumes a decline to the 1465 region. 

An alternative scenario is a growth to 1485.

Trading recommendations

 

Sell the precious metal to 1465 after the break of 1475.

A break of the 1480 level can lead to 1485.

 

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