Gold price (XAU/USD) extends its consolidative price move through the first half of the European session on Wednesday and remains confined in a narrow trading band just above a near seven-month low touched the previous day. The lack of any buying interest, meanwhile, suggests that the recent downfall witnessed over the past two weeks or so is still far from being over. The Federal Reserve's (Fed) hawkish outlook remains supportive of elevated US Treasury bond yields and the underlying bullish sentiment surrounding the US Dollar (USD), validating the negative outlook for the non-yielding yellow metal.
Gold now sell 1822
Sell limit 1826
Target 1818
Target 1814
Target 1802
SL 1836
Gold now sell 1822
Sell limit 1826
Target 1818
Target 1814
Target 1802
SL 1836
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Gold sell 10 pips running
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