News Formal

Gold Price Forecast: XAU/USD eases toward $2,310 amid a better market mood

  • 📰 FXStreetNews
  • ⏱ Reading Time:
  • 24 sec. here
  • 6 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 72%

XAUUSD Berita

Gold,Recommended,Fed

Spot Gold retreated from the $2,330 price zone and trades in the red on Tuesday, although still confined to familiar levels.

XAU/USD Current price: $2,313.24 Substantial gains among European indexes weigh on safe-haven demand. Treasury yields retreated further from recent multi-month highs, weighing on the USD. XAU/USD trades with a softer tone, but absent USD demand limits the downside. The slide can be attributed to a better market mood, as European indexes closed with substantial gains.

43%, down 5 basis points on the day, while the 2-year note yields 4.80%, down 1 bps and further away from its recent peak above 5%. XAU/USD short-term technical outlook Technically, the daily chart for XAU/USD shows it keeps meeting sellers around a Fibonacci level, the 23.6% retracement of the April/May rally at $2,326.50. The next Fibonacci level and critical support comes at $2,260.80, a potential bearish target should Gold finally lose the $2,300 mark.

 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.
Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 14. in İD

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Gold Price Forecast: XAU/USD rebounds on market caution, aims to reach $2,400Gold price recovers its recent losses, trading around $2,370 per troy ounce during the Asian session on Thursday.
Sumber: FXStreetNews - 🏆 14. / 72 Baca lebih lajut »

Gold Price Forecast: XAU/USD remains steady above $2,350 amid market cautionGold price holds ground near $2,380 per troy ounce on Wednesday, hovering close to record highs as traders exercise caution ahead of Israel's response to Iran's air strike on Saturday.
Sumber: FXStreetNews - 🏆 14. / 72 Baca lebih lajut »