Gold price is recovering and going up
Gold prices (XAU/USD) made a strong comeback as the US dollar and Treasury yields experienced selling pressure following S&P Global's release of disappointing preliminary PMI data for August.
The price of gold continued its winning streak on Thursday, benefitting from a weak US Dollar and falling Treasury yields in anticipation of the Jackson Hole Symposium.
The price of gold continued its winning streak on Thursday, benefitting from a weak US Dollar and falling Treasury yields in anticipation of the Jackson Hole Symposium.
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CLose +50PIPs
🔹SL 1908
🔹TP 1925