XAUUSD: The seller is back!
Fundamental Overview
The price of gold, measured in XAU/USD, has fallen for three consecutive days, indicating a bearish trend after a two-week respite. The US Dollar is holding its ground due to mixed feelings. The possibility of the US debt ceiling expiring, along with a drop in US bank deposits, could contribute to the bearish trend. However, optimism from US policymakers and hopes of recovery in Chinese inflation challenge the decline. Upcoming economic indicators and a speech by Federal Reserve Chairman Jerome Powell will be important to watch for any changes in the gold price.
predict gold back to downtrend
Plan trade in the intro :D
The price of gold, measured in XAU/USD, has fallen for three consecutive days, indicating a bearish trend after a two-week respite. The US Dollar is holding its ground due to mixed feelings. The possibility of the US debt ceiling expiring, along with a drop in US bank deposits, could contribute to the bearish trend. However, optimism from US policymakers and hopes of recovery in Chinese inflation challenge the decline. Upcoming economic indicators and a speech by Federal Reserve Chairman Jerome Powell will be important to watch for any changes in the gold price.
predict gold back to downtrend
Plan trade in the intro :D
Transaction en cours
Transaction en cours
Note
RunningTrade fermée: ordre d’arrêt atteint
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.
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.