XAUUSD - Gold price is limited, go sell gold now
World gold prices decreased this morning with spot gold down 9.7 USD/ounce to 1,919.8 USD/ounce. Gold futures last traded at $1,939.90 an ounce, down $27.20 from the bright spot.
World gold continues to fall in response to the hawkish tone of US Federal Reserve (Fed) officials at the September monetary policy meeting and of the head of the world's most powerful central bank. Jerome Powell at the press conference that followed.
OANDA analyst Ed Moya said: "US stocks fell and the dollar rebounded after the Fed kept rates unchanged and signaled there will be another block of rate increases this year. The US economy is still struggling." strongly and this cycle of interest rate increases may last longer."
In another forum, the Bank of England also held a regular monetary policy meeting and held n
World gold continues to fall in response to the hawkish tone of US Federal Reserve (Fed) officials at the September monetary policy meeting and of the head of the world's most powerful central bank. Jerome Powell at the press conference that followed.
OANDA analyst Ed Moya said: "US stocks fell and the dollar rebounded after the Fed kept rates unchanged and signaled there will be another block of rate increases this year. The US economy is still struggling." strongly and this cycle of interest rate increases may last longer."
In another forum, the Bank of England also held a regular monetary policy meeting and held n
TP1: 1918
TP2: 1910
SL: 1936