Gold next week possibility
Recent PPI Data: If the PPI data was higher than expected, it suggests higher production costs which could eventually lead to higher consumer prices (inflation), potentially boosting gold.
CPI Data: If CPI shows increasing inflation, this would likely support gold prices.
Fed Statements: Any hints from the Federal Reserve about future interest rate hikes will be critical. A dovish stance may support gold, while a hawkish stance may pressure it.
The current price is around $2,411.58.
The overall trend appears to be bullish, with the price moving upwards and forming higher highs and higher lows.
If the price maintains above the $2,411 level, it is likely to test the resistance at $2,423.47.
A successful break above $2,423.47 could push the price towards $2,430 and potentially higher.
Strong buying interest and continued positive sentiment could drive the price further up.
CPI Data: If CPI shows increasing inflation, this would likely support gold prices.
Fed Statements: Any hints from the Federal Reserve about future interest rate hikes will be critical. A dovish stance may support gold, while a hawkish stance may pressure it.
The current price is around $2,411.58.
The overall trend appears to be bullish, with the price moving upwards and forming higher highs and higher lows.
If the price maintains above the $2,411 level, it is likely to test the resistance at $2,423.47.
A successful break above $2,423.47 could push the price towards $2,430 and potentially higher.
Strong buying interest and continued positive sentiment could drive the price further up.
Aviso legal
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.