Gold new week: When will the gold market prosper?
The Fed signaled last week that borrowing costs may still need to increase by as much as 50 basis points by the end of the year, which should help the US Dollar gain some positive traction in the next two days.
In fact, the DXY Index looks set to build on last Friday's slight bounce from its lowest in more than a month, and act as a headwind for Gold price.
Today I hope gold will return to the price range
XAUUSD 1984 - 1980
And my goal will be: 1974 - 1962
In fact, the DXY Index looks set to build on last Friday's slight bounce from its lowest in more than a month, and act as a headwind for Gold price.
Today I hope gold will return to the price range
XAUUSD 1984 - 1980And my goal will be: 1974 - 1962
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.