Emas / Dollar A.S.Pembelian
US PPI news is the focus of market attention today.
Gold prices gain slight upward momentum as US bond yields experience a modest pullback.
However, expectations of a hawkish Federal Reserve support USD strength, limiting gold's upward potential.
The robust US Nonfarm Payrolls (NFP) report released on Friday has strengthened predictions of a slower pace of rate cuts this year, boosting US bond yields and the USD. This continues to pressure the non-yielding gold market. Investors are now focusing on the upcoming release of the US Producer Price Index (PPI) for short-term direction later in the North American trading session.
SET GOLD PRICE
Buy Gold price range: $2646 - $2644 SL: $2639
TP1: $2651
TP2: $2658
TP3: $2665
Sell Gold price range: $2697 - $2699 SL: $2704
TP1: $2690
TP2: $2683
TP3: $2673
However, expectations of a hawkish Federal Reserve support USD strength, limiting gold's upward potential.
The robust US Nonfarm Payrolls (NFP) report released on Friday has strengthened predictions of a slower pace of rate cuts this year, boosting US bond yields and the USD. This continues to pressure the non-yielding gold market. Investors are now focusing on the upcoming release of the US Producer Price Index (PPI) for short-term direction later in the North American trading session.
SET GOLD PRICE
Buy Gold price range: $2646 - $2644 SL: $2639
TP1: $2651
TP2: $2658
TP3: $2665
Sell Gold price range: $2697 - $2699 SL: $2704
TP1: $2690
TP2: $2683
TP3: $2673
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✅ t.me/+Y9T5_BwC7_JhMWM1
Join now !!!!
Channel: signals - knowledge and FOREX comments
Join now !!!!
Channel: signals - knowledge and FOREX comments
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.