Gold continues to wait, BUY GOLD?
Gold continues to trade around the price range of 1927-1928 USD/ounce according to gold measurement with no significant fluctuations compared to yesterday's trading session. Together with the FED, it continues to maintain monetary interest rates at 5.25-5.5%, the highest level in 22 years. That is the impetus for the US dollar to reverse its trend and start to increase in price.
As a result, the US stock market turned red. Many investors have transferred capital to USD, causing this currency to increase in price even more and causing gold to have a quiet trading session.
As a result, the US stock market turned red. Many investors have transferred capital to USD, causing this currency to increase in price even more and causing gold to have a quiet trading session.
Note
good luck tradersNote
Gold decreased according to technical indicatorsNote
The DXY index (which measures the greenback's fluctuations against 6 major world currencies) traded at 105.5 points.
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Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.