With this momentum, GOLD will return
Based on these news, GOLD could rally again:
Gold prices briefly touched a three-month low on Wednesday, breaking a month-long stability after Fed Chairman Jerome Powell testified before the House Financial Services Committee of Congress that the unemployment rate failure should be higher than the virtual development rate.
Now, Powell will continue to testify before the Senate Banking Committee later in the day, potentially offering more signals on future rate hikes. Any signal on monetary policy is likely to affect gold prices, as the yellow metal is very sensitive to US yields.
GOLD BUY 1930-1932 💯💯
✅ TP1: 1939
✅ TP2: 1944
✅ TP3: 1949
🛑 SL: 1925
Gold prices briefly touched a three-month low on Wednesday, breaking a month-long stability after Fed Chairman Jerome Powell testified before the House Financial Services Committee of Congress that the unemployment rate failure should be higher than the virtual development rate.
Now, Powell will continue to testify before the Senate Banking Committee later in the day, potentially offering more signals on future rate hikes. Any signal on monetary policy is likely to affect gold prices, as the yellow metal is very sensitive to US yields.
GOLD BUY 1930-1932 💯💯✅ TP1: 1939
✅ TP2: 1944
✅ TP3: 1949
🛑 SL: 1925
Bài đăng liên quan
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.