Or / Dollar AméricainMis à jour Gold increases but risks remain
Brian, hello everyone!
After a continuous decline in gold prices, today we are witnessing a trading session where gold has slightly increased to $1971, up by about $6.6 compared to yesterday.
However, the USD and US government bond yields are still rising to the highest level in 16 years, increasing the opportunity cost of holding gold and causing investors to sell more.
The rapid increase may be restrained when facing resistance at $1900, as the current market is still unfavorable for gold prices
After a continuous decline in gold prices, today we are witnessing a trading session where gold has slightly increased to $1971, up by about $6.6 compared to yesterday.
However, the USD and US government bond yields are still rising to the highest level in 16 years, increasing the opportunity cost of holding gold and causing investors to sell more.
The rapid increase may be restrained when facing resistance at $1900, as the current market is still unfavorable for gold prices
Note
good luckNote
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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.