Gold price may drop further this week

The US Dollar mostly outperformed its major counterparts this past week. Gold prices were particularly hit hard as Treasury yields on the longer-term spectrum soared. This was likely to due financial markets pricing in a higher terminal rate from the Federal Reserve amid still-solid economic data.

ความคิดเห็น:

🕯 SELL GOLD | 1900 - 1897

🔴 SL: 1905

🟢 TP1: 1892
🟢 TP2: 1887

การซื้อขายยังคงดำเนินอยู่:

Running + 30pips ✔️✔️✔️

ปิดการเทรด: ถึงเป้าหมายการทำกำไร:

Close Full Hit TP2 + 110pips 😮

ความคิดเห็น:

- Traders reduce short positions to the lowest level since June 2022 for the S&P 500 index.

ความคิดเห็น:

- US asks China to be more transparent on economic data amid slowdown - Financial Times.

ความคิดเห็น:

US bank Evercore: The Fed's tightening of monetary policy ended the golden age of investment.