05/06 - Gold continues to fall under the pressure of the Fed
Atualizado
The future of gold does not look bright due to the strong US economy, which could lead to the Federal Reserve raising interest rates later this year.
As a result, gold and silver prices fell as the US dollar and Treasury yields rose.
Recent nonfarm payrolls data suggests interest rates could stay high for longer, which could drive gold prices down further.
Money managers have become less optimistic and if Treasury yields continue to rise, gold prices could continue to fall.
Gold price has dipped below the key trendline support and could reach $1,875 if it dips below the May low at around $1,932.
I'm looking at two short-term price zones: buying gold 1941-1944 and selling gold in the price range from 1968-1971
What do you think about the gold price today?
As a result, gold and silver prices fell as the US dollar and Treasury yields rose.
Recent nonfarm payrolls data suggests interest rates could stay high for longer, which could drive gold prices down further.
Money managers have become less optimistic and if Treasury yields continue to rise, gold prices could continue to fall.
Gold price has dipped below the key trendline support and could reach $1,875 if it dips below the May low at around $1,932.
I'm looking at two short-term price zones: buying gold 1941-1944 and selling gold in the price range from 1968-1971
What do you think about the gold price today?
Nota
Do you buy 1943? Gold now 1946Nota
Asian FX markets fall, USD supportedNota
Before the market opened, US energy stocks saw an increase in value due to a rise in oil prices by $1 per barrel, following a cut in Saudi pledges. Chevron experienced a 1.1% rise, while Exxon saw a 1.4% increase.Nota
Boris Vujcic, a member of the ECB Governing Council, has stated that the increase in consumer prices is gradually decreasing, but there is still a risk of a rebound that is greater than the risk of prices decreasing more quickly.Nota
The US-China relationship is coming to an end, but it may eventually calm down.Nota
Hello, gold now 1956Nota
Wow gold up 1961 200pipsNota
The 90-year-old Federal Home Loan Bank system has ballooned to more $1.5 trillion in assets while increasingly aiding banks taking all kinds of risks .Nota
Core inflation has not peaked but there are signs of 'moderation'.
Publicações relacionadas
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.