Gold surpassed $2,250 after last week's PCE report
Gold rebounded sharply above $2,250 as the core PCE index matched estimates.
Gold rebounded sharply over the weekend as the core PCE index matched estimates. The precious metal broke out from $2,194 to $2,235 before correcting slightly and ending the week at $2,223. The MoM core PCE index increased 0.3%, coinciding with market expectations. This shows that inflation is still persistent and the Fed will not be in a hurry to cut interest rates.
This week, the market will receive a series of important economic data, including the services and manufacturing PMI index, JOLTS employment data, and the US NFP report. Currently, gold is rising to $2,256.
Gold rebounded sharply above $2,250 as the core PCE index matched estimates.
Gold rebounded sharply over the weekend as the core PCE index matched estimates. The precious metal broke out from $2,194 to $2,235 before correcting slightly and ending the week at $2,223. The MoM core PCE index increased 0.3%, coinciding with market expectations. This shows that inflation is still persistent and the Fed will not be in a hurry to cut interest rates.
This week, the market will receive a series of important economic data, including the services and manufacturing PMI index, JOLTS employment data, and the US NFP report. Currently, gold is rising to $2,256.
交易开始:
Buy 2251 - 2253
TP 2260
TP2 2265
TP3 2270
TP4 2275
SL 2240
TP 2260
TP2 2265
TP3 2270
TP4 2275
SL 2240
👉 Free Signals Everyday: t.me/SantaTradeProInsightsFX
👉 Support 24/7 and More
👉 Join the group to profit every day.
👉 @bellatrader_2509
👉 Support 24/7 and More
👉 Join the group to profit every day.
👉 @bellatrader_2509
