Gold price today on the international market stood at 1,925.8 USD/ounce, up 5 USD compared to the end of last week.
The precious metal had a session as low as $ 1,900 / ounce for the week but by the end of the week had increased again after the US jobs report in June.
The jobs report is considered the key to determining the policy direction of the US Federal Reserve (Fed). In recent days, Fed officials have signaled that they will continue to raise interest rates as inflation remains above the 2% target.
Trading plan
BUY GOLD in price range: 1915 - 1918
Stop Loss : 1913
Take Profit 1:1925
Take Profit 2: 1930
Take Profit 3: 1935
Note: Full SL,TP to be safe and win the market
The precious metal had a session as low as $ 1,900 / ounce for the week but by the end of the week had increased again after the US jobs report in June.
The jobs report is considered the key to determining the policy direction of the US Federal Reserve (Fed). In recent days, Fed officials have signaled that they will continue to raise interest rates as inflation remains above the 2% target.
Trading plan
BUY GOLD in price range: 1915 - 1918
Stop Loss : 1913
Take Profit 1:1925
Take Profit 2: 1930
Take Profit 3: 1935
Note: Full SL,TP to be safe and win the market
