Gold prices during the holiday season!

Aktualisiert
Hello dear friends!

Let's take a look at the market with Karina!

Today, our market is entering a holiday period where trading has ceased. The price of gold is resting at the milestone of 2053 USD, and there are some important points to note:

Regarding news impacting gold: -The latest data has raised expectations that the Federal Reserve (Fed) will cut interest rates at the beginning of next year. -The index (DXY) is at 101.76 points. The USD is weak, close to its lowest level in 5 months. The US 10-year bond yield is hovering near its lowest level since July 2023. Both of these factors support the upward trend of gold.

Prospects and trends: -The price of gold will continue to be supported by lower bond yields and a weaker greenback, as well as concerns about economic recession. -From a technical standpoint, the price of gold could reach $2,100 per ounce. The precious metal may revisit recent record levels if the current economic situation remains stable.

What about you? What do you think?
Trade ist aktiv
Chart PatternsForexgoldideaTechnical IndicatorsoptionsstrategiessignalTrend AnalysisXAUUSD

Verbundene Veröffentlichungen

Haftungsausschluss