Xauusd Sell Idea Possibility
Gold seems to be going down....
the US dollar has been showing signs of strength. A stronger dollar typically puts downward pressure on gold prices since the two assets often exhibit an inverse relationship. If the US Federal Reserve continues to tighten monetary policy more aggressively than other central banks, it could lead to a stronger dollar and consequently weaker gold prices.
the US dollar has been showing signs of strength. A stronger dollar typically puts downward pressure on gold prices since the two assets often exhibit an inverse relationship. If the US Federal Reserve continues to tighten monetary policy more aggressively than other central banks, it could lead to a stronger dollar and consequently weaker gold prices.
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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.