Gold price news sell strategy latest sell strategy

Gold price news sell strategy latest sell strategy , foreign currency price , Foreign currency society, Latest gold price.USA
Gold price news sell strategy latest sell strategy .

Gold prices are getting support by the decline of US Treasury yields and US Dollar Index. Accordingly, the yield on the US 10-year Treasury note fell slightly to 3.152%. Meanwhile, the US Dollar Index (DXY) which measures the volatility of the greenback with 6 major currencies (EUR, JPY, GBP, CAD, SEK, CHF) fell 0.23% to near 104. Bond yields Coupons will reduce the opportunity cost of holding non-yielding assets like gold, while a weak dollar will make the precious metal cheaper for buyers holding other currencies. Although gold regained its momentum, the gain in midweek session was quite modest due to the pressure of falling crude oil prices. In addition, precious metals are difficult to rebound due to the information that the Chairman of the US Federal Reserve (FED) - Mr. Jerome Powell - told Congress that the FED is strongly committed to controlling inflation and raising the base interest rate. The continuous version will still be relevant. In response to this news, the USD appreciation prompted many people to sell precious metals strongly, causing the world gold price to drop sharply at times. TRADE RECOMMENDATION: Gold will meet resistance at: 1853 - GOLDEN SELL SOUND IN AREA PRICE: 1850 - 1855 VND StopLoss: 1865 TakeProfit 1: 1840 TakeProfit 2: 1835 TakeProfit 3: 1830 2nd resistance level: 1845 - GOLDEN SELL SOUND IN AREA PRICE: 1843 - 1847 VND StopLoss: 1860 TakeProfit 1: 1830 TakeProfit 2: 1825 TakeProfit 3: 1820 - GOLDEN SOUND IN THE PRICE RING: 1820 - 1825 VND StopLoss: 1815 TakeProfit 1: 1840 TakeProfit 2: 1845 TakeProfit 3: 1850 Wishing investors successful trading and making lots of profits. Good capital management, do not hit more than 5% of the account in the last 10 prices. Join the community group to update news about gold price in the fastest way. Amin: pattime.