Gold prices hovered around $2,340 per ounce on Tuesday, after logging gains in the previous session underpinned by growing expectations of eased monetary policies by major central banks. On Monday, data showed that US manufacturing activity slowed for a second consecutive month in May, while construction spending unexpectedly fell in April due to declines in non-residential activity. This further increased speculations that the Fed has room to cut rates this year. Traders are currently pricing a 60% probability of rate cut in September
SELL GOLD: 2374 - 2376 , SL: 2380
BUY GOLD: 2327 - 2325, SL: 2321
Good luck investors
SELL GOLD: 2374 - 2376 , SL: 2380
BUY GOLD: 2327 - 2325, SL: 2321
Good luck investors
Komen:
The gold trend went exactly as predicted, congratulations
t.me/+rLFVoK3hMI4zZDI1
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