Gold began the week with a downward trend but has seen some recovery. This movement is influenced by the weakening US Dollar, driven by disappointing PMI data that indicates a slowdown in private sector growth. Additionally, a lower-than-expected GDP growth rate and persistent inflationary pressures have contributed to gold's recent price movements.
Sentiment analysis shows mixed signals with some expecting continued consolidation within the $2,400-$2,450 range, while others foresee potential upward movement towards $2,500 as economic conditions evolve.
Sentiment analysis shows mixed signals with some expecting continued consolidation within the $2,400-$2,450 range, while others foresee potential upward movement towards $2,500 as economic conditions evolve.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
