XAU at over one-week low on firm dollar; US payrolls data awaited

By X-blogger - on September 4, 2024

Gold prices eased to their lowest in more than a week, pressured by a firm dollar, while investors awaited U.S. non-farm payrolls data that could determine the size of the potential cut in the Federal Reserve’s September policy meeting.

The Gold-Dollar pair corrected downwards in the last session, falling 0.1%. The Stochastic indicator is giving a negative signal.
XAU/USD saw a minor dip of 0.1% in the last session.
The Stochastic indicator is currently in negative territory.
Support: 2481.6133 | Resistance: 2516.3333

  • 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    Your email address will not be published.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.