Trading signals

XAU/USD

XAUUSD

Uncertanity around the US-China trade deal is providing support for the yellow metal. The bullish momentum is likely to remain intact today.

 

The main scenario is a further growth to the area of 1473. 

An alternative scenario is a step back to the 1455 level.

 

Trading recommendations

 

Buy the precious metal to 1473 as soon as the spot breaks above 1465.

Sell gold to 1455 when you see a move below 1460.

 

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