Market Overview
- Gold prices rose slightly in the first trading session of the week due to geopolitical concerns in the Middle East and weak US employment data
- However, selling pressure returned in the early morning today as the USD recovered and US bond yields rose slightly again
- The market is waiting for the speech of the Fed officials later today, which is expected to be hawkish
Factors that pressured gold down
- DXY index rose again, putting pressure on gold prices, which are priced in USD
- US 10-year bond yields increased
- FED said it was not in a hurry to cut interest rates
- Money flows shifted to stocks
- Gold prices rose slightly in the first trading session of the week due to geopolitical concerns in the Middle East and weak US employment data
- However, selling pressure returned in the early morning today as the USD recovered and US bond yields rose slightly again
- The market is waiting for the speech of the Fed officials later today, which is expected to be hawkish
Factors that pressured gold down
- DXY index rose again, putting pressure on gold prices, which are priced in USD
- US 10-year bond yields increased
- FED said it was not in a hurry to cut interest rates
- Money flows shifted to stocks
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(don't copy, click on the links!)
🟢Telegram Channel: t.me/xauusdtradingfx
🔴9-12 signals per day
🔴Free knowledge support
🔴24/7 support for newbies.
🔴You always have priority.
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Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Join me, I'll guide you to PROFITABLE TRADING💵!
(don't copy, click on the links!)
🟢Telegram Channel: t.me/xauusdtradingfx
🔴9-12 signals per day
🔴Free knowledge support
🔴24/7 support for newbies.
🔴You always have priority.
(don't copy, click on the links!)
🟢Telegram Channel: t.me/xauusdtradingfx
🔴9-12 signals per day
🔴Free knowledge support
🔴24/7 support for newbies.
🔴You always have priority.
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.