Gold made a U-turn from a 17-month high on the strong US dollar. The yellow metal was one of the best performers of this week and surged $75 on an escalation of geopolitical tension between Russia and Ukraine. US 10-year yield regained sharply after hitting a two-week low.
The US grew by 7% in the fourth quarter in line with estimates compared to 6.9% previous quarter. The number of people who have filed for unemployment benefits dropped to 232K this week vs an estimate of 233K.
DISCLAIMER: ((trade based on your own decision )) <<press like👍 if you enjoy💚>>
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.