Gold is neutral-to-bearish in the near term and could extend its decline once below 1,915.40
US government bond yields soared to fresh multi-year highs after Fed Brainard's comments.Spot gold plunged amid resurgent dollar demand, the latter boosted by soaring US government bond yields. The bright metal neared the weekly low at $1,915.39 a troy ounce, after trading as high as $1,944.56. The market’s mood soured amid persistent tensions in Eastern Europe, as the world condemns the Russian attack on Ukraine’s city of Bucha.
Meanwhile, global indexes trade in the red, with Wall Street trimming Monday’s gains and reaching fresh weekly lows.Gold Price is currently trading at around $1,924 a troy ounce. The daily chart shows that a mildly bearish 20 SMA capped advances, while technical indicators remain within neutral levels, as the metal keeps trading within familiar levels.shows that the price seesaws around congesting and mildly bearish moving averages, now a handful of bucks below it.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Gold Price Forecast: XAU/USD edged higher on Ukraine crisis, upside remains cappedGold attracted some dip-buying near the $1,915 region, or the four-day low touched earlier this Monday and recovered a major part of its losses record
続きを読む »
Gold Price Forecast: Holding ground amid mounting concernsXAUUSD Current Price: $1,931.66 The US Treasury yield curve inverted, spurring recession-related concerns. Western nations are studying more sanction
続きを読む »
Gold Price Forecast: XAU/USD set to post fresh records north of $2,100 – CitibankCurve flattening periods have usually led to the outperformance of precious metals. Economists at Citibank expect gold to surge above $2,100 over the
続きを読む »
Gold Forecast, News and Analysis - FXStreetCheck our updated for Gold News including real time updates, forecast, technical analysis and the economic latest events from the best source of Forex News
続きを読む »
Silver Price Forecast: XAG/USD falls for three straight days but clings to $24.50s amidst high US yieldsSilver Price Forecast: XAG/USD falls for three straight days but clings to $24.50s amidst high US yields By christianborjon Silver XAGUSD Commodities Metals Macroeconomics
続きを読む »
Gold Futures: Extra losses unlikelyCME Group’s flash data for gold futures markets noted open interest shrank by around 4.6K contracts on Friday, clinching the second consecutive daily
続きを読む »