GOLD PRICE FORECAST: XAU/USD GRINDS NEAR $1,960, UNITED STATES GROWTH/INFLATION CLUES, FED EYED

avatar
· 阅读量 131


  • Gold Price remains pressured towards the key SMA confluence after three-day losing streak from multi-week high.
  • US Dollar recovery jostles with risk-on mood to keep XAU/USD sellers hopeful.
  • Gold sellers need hawkish Federal Reserve announcements and United States growth, inflation data as Fed’s 0.25% rate hike is given.
  • ECB, BoJ monetary policy meetings, PMIs also populate calendar and stand tall to direct XAU/USD moves.

Gold Price (XAU/USD) remains defensive around $1,960 as bulls and bears jostle amid the early hours of the key week comprising a slew of top-tier data/events, stabilizing after a three-day downtrend. That said, the XAU/USD dropped in the last three consecutive days on the US Dollar’s notable run-up. However, the market’s risk-on mood and cautious sentiment ahead of this week’s A-list events put a floor under the Gold Price.

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。

喜欢的话,赞赏支持一下
回复 0
暂无评论。 来发表第一条观点吧。

  • tradingContest