Gold slips to over 1-week low as dollar firms, awaiting more Fed cues

By X-blogger - on July 23, 2024

Gold prices fell to a more than one-week low as the dollar firmed, while traders awaited more U.S. economic data and comments from Federal Reserve officials this week for clarity on the timeline for interest rate cuts.

The last session saw the Gold drop 0.6% against the Dollar. The ROC is giving a negative signal.
XAU/USD dropped 0.6% in the last session.
The ROC is currently in negative territory.
Support: 2399.4033 | Resistance: 2418.1233

  • Enjoy our regulated platform

    • Write a comment

    Your email address will not be published. Required fields are marked *

    No comments yet, Be the first!
    Special Offer
    First Deposit Bonus

    First Deposit Bonus | Phone Verification | First Trade on us | Account Verification

    Cash Back Bonus

    As a valued client, you can earn 'mileage points', from your trading volume.

    Become an Xtrade VIP

    Become an Xtrade VIP. For our VIP members, we go the extra mile with.