GOLD New plan for the new week
Updated
GOLD Moving ahead, there isn't any relevant market-moving economic data due for release from the US on Monday. Hence, traders will take cues from speeches by influential Fed officials, which might drive the US bond yields and the USD demand.Apart from this, the broader risk sentiment could provide some impetus to the Gold price. The fundamental backdrop, meanwhile, seems tilted in favour of bears and supports prospects for an extension of over a two-week-old downtrend
Trade active
Trade active
The entry point has been reached
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.