$XAU
💰 XAUUSD today!
Gold is consolidating in a tight range around **$4,700–$4,720**, after bouncing off last week's lows near $4,500. The market is holding its breath ahead of the outcomes from the summit between Trump and Xi Jinping in Beijing and the retail sales data release in the U.S. On one hand, the demand for safe-haven assets remains strong, while on the other hand, rising expectations of another rate hike from the Fed are curbing appetite.
For now, gold is trading neutrally to weakly, and a lot will depend on the outcome of the negotiations and today's stats.
This is not investment advice.
$XRP $BNB
💰 XAUUSD today!
Gold is consolidating in a tight range around **$4,700–$4,720**, after bouncing off last week's lows near $4,500. The market is holding its breath ahead of the outcomes from the summit between Trump and Xi Jinping in Beijing and the retail sales data release in the U.S. On one hand, the demand for safe-haven assets remains strong, while on the other hand, rising expectations of another rate hike from the Fed are curbing appetite.
For now, gold is trading neutrally to weakly, and a lot will depend on the outcome of the negotiations and today's stats.
This is not investment advice.
$XRP $BNB