There were no major moves during the Asian trading session, however we have some events today, which may affect the sentiment in the market.
Tag - gold
Risk aversion intensifies
XAU/USD remains in an uptrend. This week it rose above the key psychological level of 1,500.
The yellow metal reached the highest levels in 6 years amid the global risk aversion.
What is moving the market this Tuesday? Read here
The weekend was hurtful for the market sentiment with the updates from the Chinese side.
More tariffs were introduced
The yellow metal could not stay for a long time near the $1,401 level.
The Fed rate decision is close, let's check the key levels for the pairs!
Will Friday be more optimistic for the USD?
What is important today?
XAU/USD soared in June but didn’t manage to get above 1,440. Is there a pattern on the chart?