Gold decreased slightly as US government bond yields
Обновлено
The USD recovery caused gold to fall slightly as US government bond yields and the USD recovered, but it is expected to maintain its upward momentum thanks to the current dovish stance of the market.
During the December 28 session, world gold prices dropped to around $2,065 from $2,088 at the beginning of today's Asian session when US government bond yields and the USD recovered slightly. However, the current upward momentum of precious metals is expected to remain intact as investors expect the Fed to reduce interest rates and inflation is on a steady decline.
Going forward, the December jobs report and manufacturing PMI data will be the focus of the market, though these indicators are unlikely to change Gold's current upward momentum as traders prepare Entering the New Year holiday. Currently, gold is increasing slightly to $2,070.
During the December 28 session, world gold prices dropped to around $2,065 from $2,088 at the beginning of today's Asian session when US government bond yields and the USD recovered slightly. However, the current upward momentum of precious metals is expected to remain intact as investors expect the Fed to reduce interest rates and inflation is on a steady decline.
Going forward, the December jobs report and manufacturing PMI data will be the focus of the market, though these indicators are unlikely to change Gold's current upward momentum as traders prepare Entering the New Year holiday. Currently, gold is increasing slightly to $2,070.
Заметка
SELL XAU 2075TP1: 2065
TP2: 2055
SL: 2087
Заметка
HIT TP 1 + 100 PIPSЗаметка
running + 130 pips
Похожие публикации
Отказ от ответственности
Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.