XAUUSD: Gold price pushes higher after it just bounced off a very low level. Fundamentals also support this move with things like the Pullback in the United States Treasury bond yields, ECB rate hike vs hawkish Fed halt. Also, news from China have been quite unfavourable to the Dollar, further propelling the Gold price. I've marked out the major POIs, OBs, and also speculations of what is to be expected in the coming days.
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.