#XAUAUD Week Opportunity
Reasons To Buy #GOLD:
1.- Falling real yields and a weakening USD have seen investor demand surge. We see this demand remaining strong for the foreseeable future amid a challenging macro backdrop.
2.- The expansion of central banks' balance sheets shows no sign of abating, while US-China tensions escalate. This should see interest rates remain low, leaving further upside to gold prices.
The target is 710 FX Pips.
Entry at Current Prices $2655
Good Luck,
Reasons To Buy #GOLD:
1.- Falling real yields and a weakening USD have seen investor demand surge. We see this demand remaining strong for the foreseeable future amid a challenging macro backdrop.
2.- The expansion of central banks' balance sheets shows no sign of abating, while US-China tensions escalate. This should see interest rates remain low, leaving further upside to gold prices.
The target is 710 FX Pips.
Entry at Current Prices $2655
Good Luck,
Note
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.
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.