Gold MAY 2024
Monthly Analysis of Gold (XAU/USD)
Opening Price: $2286.10
Closing Price: $2327.20
Highest Price: $2450.125
Lowest Price: $2277.345
Green Candles: 15
Red Candles: 11
Monthly Pip Range: 172 Pips
Average Daily Range: 22.8 pips
Average True Range (ATR) for the month was 24.5, indicating moderate volatility.
—————————————————————
The release of strong US PMI data and recovering US T-bond yields significantly impacted gold prices.
Renewed US Dollar strength added pressure on gold, making it difficult for XAU/USD to maintain bullish momentum.
Opening Price: $2286.10
Closing Price: $2327.20
Highest Price: $2450.125
Lowest Price: $2277.345
Green Candles: 15
Red Candles: 11
Monthly Pip Range: 172 Pips
Average Daily Range: 22.8 pips
Average True Range (ATR) for the month was 24.5, indicating moderate volatility.
—————————————————————
The release of strong US PMI data and recovering US T-bond yields significantly impacted gold prices.
Renewed US Dollar strength added pressure on gold, making it difficult for XAU/USD to maintain bullish momentum.
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.