Gold price stays the same as the US dollar rises
The world gold price in the short term is forecasted to still be supported by a stronger USD while many Asian currencies are still under downward pressure. The yuan is quite weak when the Chinese economy has not shown any signs of recovery. The real estate market in this country is still in a gloomy situation.
However, in the long term, the USD is considered difficult to escape the downward trend because the Fed reverses monetary policy and the payment power of the greenback declines when many big countries, including China and China, Russia is gradually removing the dollar from transactions.
However, in the long term, the USD is considered difficult to escape the downward trend because the Fed reverses monetary policy and the payment power of the greenback declines when many big countries, including China and China, Russia is gradually removing the dollar from transactions.
Trade active:
Plan BUY Running + 30pips ✔️✔️✔️
Trade active:
Close 1/2 + 65pips ✔️✔️✔️ Move SL to Entry 😮
Trade closed: target reached:
Plan BUY HIT TP1 + 80pips ✔️✔️✔️
Comment:
- Unemployment claims in America recorded 264 thousand new applications, compared to expectations of recording 260 thousand applications.
Comment:
- Goldman Sachs is planning a hiring joy to fix fading amid Fed sternness.
🔴 SL: 1925
🟢 TP1: 1912
🟢 TP2: 1907
🕯 BUY GOLD | 1890 - 1893
🔴 SL: 1885
🟢 TP1: 1898
🟢 TP2: 1903