Gold price extends week-start recovery from a short-term key support line, renews intraday high of late.
United States Treasury bond yields, US Dollar decline amid debt ceiling drama.
XAU/USD market also seems to brace for dovish Federal Reserve, downbeat US Gross Domestic Product (GDP).
US CB Consumer Confidence can direct intraday moves, risk catalysts are the key.
Gold price (XAU/USD) picks up bids to refresh intraday high near $1,996 as it stretches the previous day’s rebound from a five-week-old ascending support line during early Tuesday. In doing so, the bright metal cheers downbeat United States Treasury bond yields and the US Dollar as markets prepare for the key US Gross Domestic Product and the Federal Reserve (Fed) outcomes. Also weighing on the US bond coupons and the greenback are concerns surrounding the US debt ceiling which is likely to expire in June.
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