ehsankhyr

GOLD - 28 Aug 2022

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold during the last week due to the decrease in bond yields and the speeches of the Jackson Hole economic meeting regarding the increase of interest rates by 0.5 to 0.75 percent.
Also, after the publication of GDP statistics, which is lower than the published announcement, which shows a percentage of stagnation

Support: 1712-1730
Resistance: 1773

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.