Gold and silver have been trading higher over recent weeks as the US Dollar surrenders a portion of its recent gains.
With XAU/USD currently trading above the key psychological level of 1800, this week’s price action remained subdued. As fundamental intensity eased and technical levels took centerstage, gold prices failed to gain traction, ending the week flat.
While the formation of a doji candle on the weekly chart forms around the 50-week MA (moving average) at 1807, next week’s event risk could drive the short-term move.
As central banks remain focused on taming inflation through restrictive monetary tightening, higher interest rates have been priced in leaving recession risks at the forefront of risk appetite.
风险提示：本文所述仅代表作者个人观点，不代表 Followme 的官方立场。Followme 不对内容的准确性、完整性或可靠性作出任何保证，对于基于该内容所采取的任何行为，不承担任何责任，除非另有书面明确说明。
暂无评论，立马抢沙发