CFDs sobre oro (USD/OZ)
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Gold - Selling pressure is weighing on sentiment

1738
On Monday, there was a slight dip in the price of gold due to uncertainty surrounding the Federal Reserve's decision on its benchmark later this month.
This drop followed the release of stronger-than-expected Nonfarm data for May, which suggests a more hawkish outlook for the Fed and could lead to higher interest rates for longer.

As a result, non-yielding assets like gold may perform well in this scenario.
dditionally, the recent passing of a bill to raise the debt ceiling has increased investor risk appetite, leading some to move away from safe-haven assets like gold.

Looking ahead, it appears that gold may revisit the price range of $1965-$1970, with $1940-$1935 serving as a strong support area.
However, if this support zone is breached, a Sell fomo order may be activated, potentially leading to a price drop to $1900 in a short period of time.
Operación activa
1939 => 1946 running
Nota
1961 now 👍👍
Operación activa
Nota
XAUUSD - It is better to choose the direction of BUY


gold looks like it will go back to 1950 for a buy order
Operación activa
Gold 1966 => 1954

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