Spot Gold Analysis
XAUUSD: $1717/1666 or $1777/1818? Spot Gold (XAUUSD) price is back to $1735 zone, where it was on 29 June, 2021. Recession fears acted as a tailwind for the XAUUSD as the focus still remains on the US NFP report. Aggressive Fed rate hike bets is keeping the USD elevated near a 20-year high, meanwhile Gold Price is struggling to register any meaningful recovery from the YTD low.
Previous Gold Analysis Review Buying and Selling Spot Gold (XAUUSD) at the key price entry levels mentioned in my analysis dated 06.05.2022 and 03.06.2022 with a target of net average profit in each set: in last two months gave good results: ($) 1836, 1818, 1808, 1777, 1735. XAUUSD CMP $1735...
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