Forex Today: US Dollar holds firm as focus shifts to ADP employment data - FXStreet

Forex Today: US Dollar holds firm as focus shifts to ADP employment data  FXStreet

source https://news.google.com/rss/articles/CBMicmh0dHBzOi8vd3d3LmZ4c3RyZWV0LmNvbS9uZXdzL2ZvcmV4LXRvZGF5LXVzLWRvbGxhci1ob2xkcy1maXJtLWFzLWZvY3VzLXNoaWZ0cy10by1hZHAtZW1wbG95bWVudC1kYXRhLTIwMjMwODAyMDY1ONIBdmh0dHBzOi8vd3d3LmZ4c3RyZWV0LmNvbS9hbXAvbmV3cy9mb3JleC10b2RheS11cy1kb2xsYXItaG9sZHMtZmlybS1hcy1mb2N1cy1zaGlmdHMtdG8tYWRwLWVtcGxveW1lbnQtZGF0YS0yMDIzMDgwMjA2NTg?oc=5

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XAU/USD 02.08.2023

Gold / U.S. Dollar FOREXCOM:XAUUSD

NeptenFX

XAUUSD
Hello traders,
Thank you for sharing your trading plan. It appears you are currently looking for potential sell positions for the day. Your strategy involves waiting for a retracement back into the area of the 61% Fibonacci retracement level, where you will be considering entry opportunities for your short trades. Keep a close eye on the price action and ensure your risk management is in place to navigate the markets successfully. Wishing you profitable trades and a successful trading day!

Originally posted here: https://ift.tt/jlcw0VA

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XAUUSD Gold signal at the beginning of the month

Gold/U.S. Dollar FX:XAUUSD

Phenol_fx

XAUUSD Late Tuesday, ratings agency Fitch downgraded the top U.S. government credit rating to AA+ from AAA, citing the risk of a financial recession over the next three years. The US dollar partially reversed earlier gains and tracked fresh weakness in US Treasury yields, providing some support for gold prices early Wednesday.

The greenback failed to capitalize on an extension of risk-off trades and US Treasury Secretary Janet Yellen's disapproval of Fitch's downgrade, as bets rose on a pause in interest rate hikes. rate of the US Federal Reserve (Fed) later this year amid signs that the US labor market is struggling. cooling.

Originally posted here: https://ift.tt/BT0mkfS

Gold Price Forecast: XAU/USD remains confined in a narrow range ... - FXStreet

Gold Price Forecast: XAU/USD remains confined in a narrow range ...  FXStreet

source https://news.google.com/rss/articles/CBMif2h0dHBzOi8vd3d3LmZ4c3RyZWV0LmNvbS9uZXdzL2dvbGQtcHJpY2UtZm9yZWNhc3QteGF1LXVzZC1yZW1haW5zLWNvbmZpbmVkLWluLWEtbmFycm93LXJhbmdlLWJlbG93LXRoZS0xLTk1MC1sZXZlbC0yMDIzMDgwMjA0MzjSAQA?oc=5