XAU fell slightly ahead of today's US economic data

In the March 13 session, gold rebounded after Tuesday's decline when the CPI report rose higher than expected. The precious metal traded between $2,156 and $2,159 for most of yesterday before rebounding sharply to end the day at $2,177. Gold's rise was partly supported by the weakening of the USD and US government bond yields.

Today, the market will receive a series of important economic data, including core PPI, retail sales, and US unemployment claims. Currently, gold is falling slightly to $2,173.

Kommentera:

SeLL XAU 2168 - 2172

TP1: 2160
TP2:2150

sl: 2182

Kommentera:

hit Tp1 + 80 pips

Kommentera:

BUY XAU 2168 - 2165

TP1: 2174
TP2: 2180

SL: 2155

Kommentera:

running + 40 pips

Kommentera:

running _ 70 pips