Samson-FX

Gold pops up before the news?

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Samson-FX Uppdaterad   
OANDA:XAUUSD   Guld / USA-dollar
Hello dear friends! Gold showed little volatility today as the market moved sideways around the range of 1864 - 1854. It is currently trading at 1866 USD. It seems that the market is focusing on the upcoming PPI and USD news to be released today and tomorrow. This could be important news for gold at this time.

For this reason, gold buyers are expected to push the price up to 1873 USD. Breaking this level could drive gold towards the peak of 1900 USD.

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