Gold MAY 2024
Monthly Analysis of Gold (XAU/USD)
Opening Price: $2286.10
Closing Price: $2327.20
Highest Price: $2450.125
Lowest Price: $2277.345
Green Candles: 15
Red Candles: 11
Monthly Pip Range: 172 Pips
Average Daily Range: 22.8 pips
Average True Range (ATR) for the month was 24.5, indicating moderate volatility.
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The release of strong US PMI data and recovering US T-bond yields significantly impacted gold prices.
Renewed US Dollar strength added pressure on gold, making it difficult for XAU/USD to maintain bullish momentum.
Opening Price: $2286.10
Closing Price: $2327.20
Highest Price: $2450.125
Lowest Price: $2277.345
Green Candles: 15
Red Candles: 11
Monthly Pip Range: 172 Pips
Average Daily Range: 22.8 pips
Average True Range (ATR) for the month was 24.5, indicating moderate volatility.
—————————————————————
The release of strong US PMI data and recovering US T-bond yields significantly impacted gold prices.
Renewed US Dollar strength added pressure on gold, making it difficult for XAU/USD to maintain bullish momentum.
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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.
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.