Gold experienced a significant downward correction from all-time highs, closing the week near the support area of the Point of Control (POC) and Fibonacci 0.50%.
The Federal Reserve has stated that even with inflation still above the 2% target, it hopes to cut interest rates three times this year. While gold reached record highs this week, the market witnessed a notable downward adjustment towards the end of the week.
#XAUUSD #GOLD #RoBotPro® #TakeProPips # GiaiPhapGiaoDichTuDong #Trading
The Federal Reserve has stated that even with inflation still above the 2% target, it hopes to cut interest rates three times this year. While gold reached record highs this week, the market witnessed a notable downward adjustment towards the end of the week.
#XAUUSD #GOLD #RoBotPro® #TakeProPips # GiaiPhapGiaoDichTuDong #Trading