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Gold Price Weekly Forecast: US jobs and inflation data could boost XAU/USD
Fed Chair Powell reiterated the FOMC is ready to hike further if appropriate. XAU/USD faces a mixed outlook, with the rebound lacking conviction.
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🔰 United States Core Durable Goods Orders (MoM) (Jul)
Actual: 0.5% 🔺
Expected: 0.2%
Previous: 0.2%
#USD
_LiveStream
🔰 United States Durable Goods Orders (MoM) (Jul)
Actual: -5.2% 🔻
Expected: -4.0%
Previous: 4.4%
#USD
_LiveStream
🔰 United States Durables Excluding Defense (MoM) (Jul)
Actual: -5.4%🔻
Previous: 5.9%
#USD
_LiveStream
🔰 United States Continuing Jobless Claims
Actual: 1,702K🔻
Expected: 1,708K
Previous: 1,711K
#USD
_LiveStream
🔰 United States Jobless Claims 4-Week Avg.
Actual: 236.75K 🔺
Expected: 232.63K
Previous: 234.50K
#USD #Gold
_LiveSream
🔰 The #USD🔺 is the strongest and the #NZD🔻 is the weakest as the NA session begins
_LiveStream
🔰 TURKEY RAISES ONE-WEEK REPO RATE BY 750BPS🔺 TO 25%; EST. 20.00%
#TRY
_LiveStream
