Yesterday, the ISM PMI data was positive, causing the USD prices to rise and gold prices to fall. Gold hit previous lows and filled the gap. However, during the NY and Asian sessions, gold prices rebounded, reaching new highs.
For buying opportunities, it's advisable to wait for the price to move above 2254 or 2264, with targets set at 2270-2275. On the other hand, for selling opportunities, one can consider selling below the 2248 zone.
In summary, the ISM PMI data influenced currency movements, creating trading opportunities in the gold market. By waiting for specific price levels, traders can strategically enter buy or sell positions based on market dynamics.