For Thursday's trading, I favor shorting at higher levels.
#GOLD
The 4140–4150 range acts as a resistance zone; intraday short positions can be taken here, targeting a decline to the 4060–4080 range.
With the US Dollar Index (DXY) maintaining structural strength and the 10-year US Treasury yield hovering near 5.25%, all eyes are on today's US initial jobless claims data.
#GOLD
The 4140–4150 range acts as a resistance zone; intraday short positions can be taken here, targeting a decline to the 4060–4080 range.
With the US Dollar Index (DXY) maintaining structural strength and the 10-year US Treasury yield hovering near 5.25%, all eyes are on today's US initial jobless claims data.