Gold Spot / U.S. DollarUpdated Creating the perfect uptrend for breaking 2010
Gold rebounded above the 2000 zone after the US October employment report.
The positive shift in risk sentiment has limited the rise of precious metals, leading to a decrease in XAU/USD to the level of $1,990.
Gold prices are finding support from the weak performance of the US Dollar and US Treasury yields, and all conditions are perfect for a hit above 2010 resistance.
The positive shift in risk sentiment has limited the rise of precious metals, leading to a decrease in XAU/USD to the level of $1,990.
Gold prices are finding support from the weak performance of the US Dollar and US Treasury yields, and all conditions are perfect for a hit above 2010 resistance.
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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.