XAUUSD - Gold appears cautious, should buy or sell at this time?
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Last week, gold saw its second consecutive week of bold errors as it fell about 1% for the week after the US consumer price index (CPI) and producer price index (PPI) reports showed apply play still. The precious metal has been kept in neutral range by opposing opinion around whether material losses have peaked or more yield gains remain.
The latest gold price survey shows that investors expect gold prices to achieve a solid increase in the week ending on August 18. Meanwhile, market analysts remain cautious as they await clearly defined parameters from economic reports and technical trends.
Among the analysts surveyed, 31% think prices will increase; 31% forecast prices to fall; 38% neutral on gold this week. Among retail investors taking online polls on Main Street, 56% are optimistic that gold will rise this week; 27% predict lower prices; 17% think prices are flat.
The latest gold price survey shows that investors expect gold prices to achieve a solid increase in the week ending on August 18. Meanwhile, market analysts remain cautious as they await clearly defined parameters from economic reports and technical trends.
Among the analysts surveyed, 31% think prices will increase; 31% forecast prices to fall; 38% neutral on gold this week. Among retail investors taking online polls on Main Street, 56% are optimistic that gold will rise this week; 27% predict lower prices; 17% think prices are flat.
Note
XAUUSD BUY 1909- 1911💯💯✅ TP1: 1918
✅ TP2: 1925
🛑 SL: 1901
Note
Running +15Pips ✅✅Note
Running +25Pips ✅✅Note
The risks for precious metals this week are my July retail sales on Tuesday morning and the minutes of the Fed's latest meeting on Wednesday, which should keep the market informed. to used and how the Fed "feels" about the economy.Note
Running +35Pips ✅✅Note
Running +45Pips ✅✅Note
XAUUSD SELL SCALPING 1915 - 1917💯💯✅ TP1: 1912
✅ TP2: 1908
🛑 SL: 1921
Note
Running Sell +40Pips ✅✅Note
Close SELL and Buy Again
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