This morning's gold price continued to increase by 16.7 USD compared to yesterday's closing level to 1,936.5 USD/ounce, the gold price reached its highest level in three weeks.
The US Employment Turnover (JOLTS) report and consumer confidence index were much lower than expected, spurring fresh buying demand for the precious metal.
Gold prices continue to maintain a solid recovery but there is still a potential risk that it will be lower in the near future because this week there is still a lot of economic news that strongly affects Gold prices.
The US Employment Turnover (JOLTS) report and consumer confidence index were much lower than expected, spurring fresh buying demand for the precious metal.
Gold prices continue to maintain a solid recovery but there is still a potential risk that it will be lower in the near future because this week there is still a lot of economic news that strongly affects Gold prices.
Comment:
You can buy Gold 1924-1926 for the long term and buy 1929-1931 in the short term.
Comment:
Gold prices spiked mainly due to GDP news and ADP Nonfarm news, causing the dollar to fall sharply. It is known that the DXY dollar index dropped sharply from 104300 to 102942. We will wait for the price reaction and catch a recovery of gold, you should pay attention to the channel to not miss the signal of Krado.
Comment:
Gold has followed the analysis and has increased dramatically in GDP news. Today we will catch the downward trend of gold. Please update my latest strategy.
