EXNESS - Analytics

    EXNESS

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    GOLD: growth before publication of the US Federal Reserve minutes

    Buy on a level breakthrough of 1371 with 1390 target. Stop loss = 1360.

    Reason for the trading strategy

    Today, it is worth paying attention to the publication of the business activity index in the US non-manufacturing sector and the minutes of the previous US Federal Reserve meeting. The American regulator's weak statistics and soft rhetoric may weaken the world's reserve currency, pushing the price of gold to the level of 1390 dollars.

    GOLD, Daily


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