Gold continues the decline day
アップデート済
Let's explore the market today with AD!
Yesterday, we witnessed a continued decline in gold prices from $1875 to $1866, a decrease of $9 compared to the previous trading session. This is due to the recent trend of tightening by the Federal Reserve (Fed). Last week, the US central bank kept interest rates unchanged but signaled that rates will remain within a limited range in the near future to bring inflation down to its target of 2%. Therefore, this is the main factor affecting this precious metal.
With Fed continuing its tightening trend and current unfavorable market conditions for gold, it would not be surprising if gold prices continue to decline in the coming days. Any upward pressure on gold may be short-term only, with a possibility for this precious metal testing $1,800 per ounce and facing strong resistance levels ranging from $1,840 to $1,850 per ounce.
Yesterday, we witnessed a continued decline in gold prices from $1875 to $1866, a decrease of $9 compared to the previous trading session. This is due to the recent trend of tightening by the Federal Reserve (Fed). Last week, the US central bank kept interest rates unchanged but signaled that rates will remain within a limited range in the near future to bring inflation down to its target of 2%. Therefore, this is the main factor affecting this precious metal.
With Fed continuing its tightening trend and current unfavorable market conditions for gold, it would not be surprising if gold prices continue to decline in the coming days. Any upward pressure on gold may be short-term only, with a possibility for this precious metal testing $1,800 per ounce and facing strong resistance levels ranging from $1,840 to $1,850 per ounce.
ノート
good luck everyoneノート
トレード稼働中
ノート
ノート
関連の投稿
免責事項
これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。