XAU continues to rise amid tensions in the Middle East

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Most investors expect the precious metal to continue to rise next week. Experts are also optimistic about the gold price increase.
After the jobs report was released, the possibility that the US Federal Reserve (Fed) wants the economy to achieve a soft landing is very low. US growth depends largely on consumption, so sluggish consumption will lead to slow growth.

The disappointing jobs data shows that the Fed made a policy mistake by waiting too long to cut interest rates.
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SELL XAUUSD2461 - 2459

TP1: 2454
TP2: 2445

SL: 2468
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