What's new

Guys are there any suggestions on what to do for gold this Friday with all of this bring said

Tashyi56

New Member
XAU/USD is trading around $1,970 after making another move toward $2,000. The precious metal's retreat from the highs has been accompanied by a recovery in US ten-year bond yields, which are around 0.55%.

Higher returns have also allowed the dollar to stabilize after a downfall throughout July and a late correction on that month's last day.

The ISM Non-Manufacturing Purchasing Managers' Index for July is the main publication of the day and serves as a clue toward Friday's jobs report. Faster growth is expected in the industrial sector, which is more resilient to surging coronavirus cases.
 
XAU/USD is trading around $1,970 after making another move toward $2,000. The precious metal's retreat from the highs has been accompanied by a recovery in US ten-year bond yields, which are around 0.55%.

Higher returns have also allowed the dollar to stabilize after a downfall throughout July and a late correction on that month's last day.

The ISM Non-Manufacturing Purchasing Managers' Index for July is the main publication of the day and serves as a clue toward Friday's jobs report. Faster growth is expected in the industrial sector, which is more resilient to surging coronavirus cases.
I am waiting for a strong drop.
 
XAU/USD is trading around $1,970 after making another move toward $2,000. The precious metal's retreat from the highs has been accompanied by a recovery in US ten-year bond yields, which are around 0.55%.

Higher returns have also allowed the dollar to stabilize after a downfall throughout July and a late correction on that month's last day.

The ISM Non-Manufacturing Purchasing Managers' Index for July is the main publication of the day and serves as a clue toward Friday's jobs report. Faster growth is expected in the industrial sector, which is more resilient to surging coronavirus cases.
Waiting for reversal pattern on D1 chart
 

Create an account or login to comment

You must be a member in order to leave a comment

Create account

Create an account on our community. It's easy!

Log in

Already have an account? Log in here.

Members Online

No members online now.

Similar threads

Users Who Are Viewing This Thread (Total: 1, Members: 0, Guests: 1)

Top
AdBlock Detected

We get it, advertisements are annoying!

Sure, ad-blocking software does a great job at blocking ads, but it also blocks useful features of our website. For the best site experience please disable your AdBlocker.

I've Disabled AdBlock    No Thanks