AlselvSignals

USD increased sharply, causing Gold to plummet

AlselvSignals Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hello everyone! Today we continue with the ongoing streak of gold price reductions, currently trading at $1818 with signs of approaching the $1800 price range.

The increase in US bond yields and the strengthening of the USD continue to pose a threat and exert pressure on precious metals. Faced with pressure from the USD and US bonds, this precious metal market is facing disadvantages, leading investors to limit their holdings. The downward movement in global gold prices today is inevitable.
Comment:
good luck everyone
Comment:
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.