Gold falls short-term, long-term analysis
Cập nhật
Darius greets everyone. Yesterday, gold continued to decline as predicted.
Strong labor market data allows the Federal Reserve (Fed) to continue raising interest rates without causing unemployment rates to rise too much. Currently, the federal funds rate (FFR) is at its highest level in 22 years: 5.25%-5.5%. The Fed may raise interest rates again in November.
For this reason, gold sellers continue to push prices down, and gold is currently at $1818 with an expected drop to $1800. This downward trend will persist until any positive developments occur that could lead to an increase in price again.
Strong labor market data allows the Federal Reserve (Fed) to continue raising interest rates without causing unemployment rates to rise too much. Currently, the federal funds rate (FFR) is at its highest level in 22 years: 5.25%-5.5%. The Fed may raise interest rates again in November.
For this reason, gold sellers continue to push prices down, and gold is currently at $1818 with an expected drop to $1800. This downward trend will persist until any positive developments occur that could lead to an increase in price again.
Ghi chú
what do you think ?Ghi chú
Currently, Gold may be pulled down due to a slight cooling of a commodity closely related to gold, oil.Ghi chú
In mid-October and early November onwards, Gold is likely to increase again due to high demand for Gold in China.Ghi chú
good luckGhi chú
Market focus now turns to Fed Chairman Jerome Powell's speech on the final day as well as data on US jobs, private hiring and nonfarm payrolls throughout the week.Ghi chú
long term setup folksGhi chú
Gold today shows not too many fluctuations compared to yesterdayGiao dịch đang hoạt động
Ghi chú
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.