Today's review OANDA:XAUUSD
Last week, international gold prices continued to fall as the US Dola Index and 10-year Treasury yields on the rise for the fourth consecutive week.
US consumers have begun to stress more in living and saving in spending due to continuously rising US interest rates. Force the Fed to stop raising interest rates if it doesn't want...
OANDA:XAUUSD The US dollar is looking to stabilize after the Fed's near-weekly drop, limiting Gold's attempt to recover. A fresh rise in US Treasury yields helped bids below the US Dollar.
However, a risk-on rally across Asia indices on rising expectations of Chinese stimulus could keep the Greenback bulls in check, supporting Gold prices.
China's official...
OANDA:XAUUSD Gold price (XAU/USD) remains at intraday lows as it wins a two-day bullish streak while justifying a strong US Dollar and China concerns.
According to our Technical Confluence indicator, Gold price retreats from the top of the $1950 and $1970 trading range as market participants prepare for the first data/event scheduled for the week. This.
On the...
