Gold showed a minor sell-off on the strong US
dollar. Read Till End
Hawkish remarks from Minneapolis Fed
President Neel Kashkari and upbeat US
economic data have decreased the chance of
a rate cut by the Fed in Sep.
Technical:
The near-term support is around $2330, a
oreak below the targets of $2300. The yellow
metal faces minor resistance around $2365
and a breach above will take it to the next level
of $2370.
Signal
Sell $2362 with SL around $2370 for TP of $2340.
Buy $2330 with SL around $2300 for TP of $2370.