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Product: XAU/USD Prediction: Decrease Fundamental Analysis: Last week, the number of people in the U.S. Continuing Jobless Claims was the highest since the end of 2021. This means it’s taking longer for people to find jobs. The U.S. Department of Labor said that as of June 15, about 1.84 million people were still getting these benefits. At the same time, new claims for unemployment benefits dropped to 233k last week, which included the Fourth of July holiday. The market will focus on the core PCE data tonight, which is expected to show a drop in the annual core PCE price index from 2.8% in April to 2.6%, the lowest since March 2021. Technical Analysis: The RSI is below the 50 midpoint, indicating that sellers have the upper hand. The next support level for gold is $2300. If it falls below this level, the price may drop to the May 3 low of $2277. On the other hand, if gold rises back to $2350, it will target higher resistance levels like the June 7 high of $2387. If it breaks this resistance, the price will challenge $2400. #marketanalyst #forextrading #shares #cryptocurrency #cfdtrading #GoldMarket #KVB#  #analisafundamental #traderindonesia #tradermalaysia #Signal# #COPYTRADE# #FOLLOWME交易大赛# #BrokerNews#

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