Gold is in danger of plummeting to 1900
* US Gold futures GCCv1 fell 0.2% to $1,963.10.
* The dollar index .DXY performed strongly, hovering near its highest level in a week since July 20, limiting gold's gains as a stronger dollar boosts the price of gold for holders of other currencies. USD/
* Decisions by the Fed, European Central Bank (ECB) and Bank of Japan this week will all be announced within 48 hours from Wednesday to Friday.
* Markets are fully pricing in a 1/4 point rate hike by the Fed and ECB, and the focus will be on what Fed Chair Powell and ECB President Christine Lagarde say about the future.
* Higher interest rates increase the opportunity cost of owning unprofitable bullion.
GOLD SELL 1972 - 1970💯💯
✅ TP1: 1964
✅ TP2: 1958
✅ TP3: 1953
🛑 SL: 1978
* The dollar index .DXY performed strongly, hovering near its highest level in a week since July 20, limiting gold's gains as a stronger dollar boosts the price of gold for holders of other currencies. USD/
* Decisions by the Fed, European Central Bank (ECB) and Bank of Japan this week will all be announced within 48 hours from Wednesday to Friday.
* Markets are fully pricing in a 1/4 point rate hike by the Fed and ECB, and the focus will be on what Fed Chair Powell and ECB President Christine Lagarde say about the future.
* Higher interest rates increase the opportunity cost of owning unprofitable bullion.
GOLD SELL 1972 - 1970💯💯✅ TP1: 1964
✅ TP2: 1958
✅ TP3: 1953
🛑 SL: 1978
פרסומים קשורים
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.