XAUUSD Still bullish and long
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The ADP employment data in August was weaker than market expectations, and the interest rate hike expectations in November have also cooled, and the US dollar index continued to weaken. This will attract investors to enter the long position.
A brief rebound will accelerate gold back to last month's highs.
Note
1940 Long. Target 1948. Next 1955Note
1940 Long. Target 1948. Next 1955Note
The New York Stock Exchange is closed today, so trading volume is light. XAUUSD is bullish. Target back to Friday 1950
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