GOLD is in a short-term downtrend
ที่อัปเดต:
The price of gold in the global market declined due to the strengthening of the US dollar. The US Dollar Index, which measures the fluctuation of the US currency against six major currencies, increased by 0.23% to reach 101 points.
Investors are eagerly anticipating the upcoming Federal Reserve meeting, while analysts are keen to hear from Fed Chairman Jerome Powell after the expected 25 basis point increase next week.
If the Fed continues to tighten its monetary policy and favorable economic data is released next week, it is likely that the price of gold will experience a significant drop. Prior to the Fed's decision, gold is expected to remain within the range of $1,940 to $1,980 per ounce.
Investors are eagerly anticipating the upcoming Federal Reserve meeting, while analysts are keen to hear from Fed Chairman Jerome Powell after the expected 25 basis point increase next week.
If the Fed continues to tighten its monetary policy and favorable economic data is released next week, it is likely that the price of gold will experience a significant drop. Prior to the Fed's decision, gold is expected to remain within the range of $1,940 to $1,980 per ounce.
บันทึกช่วยจำ
World gold price tends to increase with spot gold increasing by 2.2 USD compared to last week's closing level to 1,963.1 USD/ounce.บันทึกช่วยจำ
Gold prices rose to the highest level in more than 2 months early last week creating solid optimism in the market.บันทึกช่วยจำ
However, some analysts are also warning investors not to "jump in" before the US Federal Reserve (Fed) announces interest rate decision in the middle of this week.บันทึกช่วยจำ
The latest Kitco News gold survey shows that retail investors expect gold to return to the key $2,000/ounce price zone despite the Fed almost certain to raise interest rates by 25 basis points at this month's meeting.บันทึกช่วยจำ
Meanwhile, market analysts, although optimistic, remain more cautious.บันทึกช่วยจำ
Last week, 19 Wall Street analysts participated in Kitco News' gold survey. In which, 42% of analysts believe that the gold price will increase in the near future, while 42% think that the price of gold will decrease.บันทึกช่วยจำ
Meanwhile, the remaining 16% of analysts think gold prices will move sideways.
การนำเสนอที่เกี่ยวข้อง
คำจำกัดสิทธิ์ความรับผิดชอบ
ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมที่ ข้อกำหนดการใช้งาน