XAUUSD - Stronger USD causes Gold to go down
ที่อัปเดต:
World gold price fell slightly with spot gold down 8.7 USD to 1,954.4 USD/ounce. Gold futures were last traded at $1,957.3 per ounce, down $4.9 from the previous day's dawn.
The rally of the US Dollar Index in the first session of the week put pressure on the precious metal priced in USD. Earlier this morning, the US Dollar Index rose 0.31% to 101.38 points, taking away the attractiveness of gold for buyers holding foreign currencies.
New economic data is also negative for gold. Specifically, the Manufacturing Purchasing Managers' Index remained in contractionary territory but rose more than expected to 49.3 after reaching 46 in June. Economists forecast steady activity with a rise of 46.1. The report also said activity in the manufacturing sector rose to a three-month high. Meanwhile, activity in the service sector fell to a five-month low.
This mixed economic data is unlikely to bring any upside to gold, but the precious metal has proven resilient as it holds support above $1,950 an ounce.
The rally of the US Dollar Index in the first session of the week put pressure on the precious metal priced in USD. Earlier this morning, the US Dollar Index rose 0.31% to 101.38 points, taking away the attractiveness of gold for buyers holding foreign currencies.
New economic data is also negative for gold. Specifically, the Manufacturing Purchasing Managers' Index remained in contractionary territory but rose more than expected to 49.3 after reaching 46 in June. Economists forecast steady activity with a rise of 46.1. The report also said activity in the manufacturing sector rose to a three-month high. Meanwhile, activity in the service sector fell to a five-month low.
This mixed economic data is unlikely to bring any upside to gold, but the precious metal has proven resilient as it holds support above $1,950 an ounce.
บันทึกช่วยจำ
XAUUSD SELL 1962 - 1964💯💯✅ TP1: 1958
✅ TP2: 1952
✅ TP3: 1945
🛑 SL: 1972
บันทึกช่วยจำ
Currently, the market is optimistic that the Fed is about to complete its tightening cycle. However, gold can be risky as the Fed Chairman is trying to bring up the possibility of at least two more rate hikes this year.บันทึกช่วยจำ
Running +20Pips ✅บันทึกช่วยจำ
Head to TP 1945, then we can buy it backบันทึกช่วยจำ
Running +40Pips ✅บันทึกช่วยจำ
HIT TP2 +100Pips ✅
การนำเสนอที่เกี่ยวข้อง
คำจำกัดสิทธิ์ความรับผิดชอบ
ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมที่ ข้อกำหนดการใช้งาน