Hello everyone, do you think today and will increase or decrease?
Currently gold is moving around $ 2025 and is located in the adjustment wave down on the 1D chart with the immediate goal that seems to be looking for the Return to the EMA 89 while this metal is facing some unrelenting.
Accordingly, the precious metal decreased sharply due to the important external market, the higher US dollar index and the interest rate of the US Treasury bond. The power of the dollar and the increase in bond yields is mainly due to the surprisingly strong job report of the United States on Friday, which has a positive impact on the Monetary Policy of the Federal Reserve. and significantly restrict the movement of gold.
My goal is that gold adjusts to 2005 USD and receives new support, and what about you?
Currently gold is moving around $ 2025 and is located in the adjustment wave down on the 1D chart with the immediate goal that seems to be looking for the Return to the EMA 89 while this metal is facing some unrelenting.
Accordingly, the precious metal decreased sharply due to the important external market, the higher US dollar index and the interest rate of the US Treasury bond. The power of the dollar and the increase in bond yields is mainly due to the surprisingly strong job report of the United States on Friday, which has a positive impact on the Monetary Policy of the Federal Reserve. and significantly restrict the movement of gold.
My goal is that gold adjusts to 2005 USD and receives new support, and what about you?
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