Gold Confirm Analysis For Today.
Updated
Gold price is holding the renewed upswing, snapping an eight-day losing streak so far this Thursday. Gold price is capitalizing on the US bond market relief, although awaits a fresh batch of US economic data for extending the recovery. The US Treasuries rallied hard, as the bond market was rescued by a 5% sell-off in Oil prices, weak US ADP jobs data and the ISM Services PMI.
Softer-than-expected US labor data dialed down expectations of a November US Federal Reserve (Fed) rate hike and triggered a sharp correction in the US Treasury bond yields across the curve, aiding the upturn in the bond market and Gold price.
GOLD TARGETT : 1890
Softer-than-expected US labor data dialed down expectations of a November US Federal Reserve (Fed) rate hike and triggered a sharp correction in the US Treasury bond yields across the curve, aiding the upturn in the bond market and Gold price.
GOLD TARGETT : 1890
Comment
Confirm TargetComment
Hold SellComment
10 Pips RunningComment
Confirm ChartComment
Support UsComment
Confirm TargetComment
Hold In SellComment
Running Good Profit.Comment
Support US Need Some SupportComment
30 Pips Running..Comment
Confirm SellComment
120 Pips DoneComment
Profit DoneDisclaimer
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.