XAUUSD XAU/USD is currently hovering around $1,912 and maintains a bearish view with a break above $1,900. XAU/USD came under selling pressure for the third day in a row, reaching as low as $1902.80. The US dollar rallied ahead of the Wall Street open on dismal US data.
Support level: 1,903.00 1.888.10 1,870.15 Resistance levels: 1,920.80 1,933.50 1,9431.40
You might consider Selling gold around XAUUSD 1928 – 1925 And my goal will be 1918 – 1909
You might consider Buying gold around XAUUSD 1890 – 1895 And my goal will be 1902 – 1915
Note: Fully install TP, SL to prioritize safety in trading and conquering the market.
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The Fed's bank stress test overlooks the scenarios that brought down three regional lenders earlier this year.
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$1,885 remains in sight for XAU/USD sellers, waiting for the results of the final Speaks
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The Federal Reserve's annual stress test of the major banks on Wall Street for the current year was based on a scenario of a severe global economic recession, with inflation rising to levels of 10%.
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The Fed said that banks have passed their annual stress tests, showing that they can withstand a severe recession.