Strategic forecasting
GOLD
Therefore, Gold price is making another recovery attempt from four-week troughs of $1,914 early Thursday. Markets trade with caution, reflective of the mixed tone in the Asian indices even though the US S&P 500 futures post small gains.
Investors resort to adjusting their US Dollar positions ahead of the all-important CPI inflation data from the United States, which will have a significant influence on the US Federal Reserve (Fed) policy path.
US annual headline CPI is seen rising 3.3% in July against a 3% increase recorded in June. The Core CPI inflation is likely to steady at 4.8% YoY in the reported period. On a monthly basis, both the headline and Core inflation figures are expected to hold steady at 0.2%.
Therefore, Gold price is making another recovery attempt from four-week troughs of $1,914 early Thursday. Markets trade with caution, reflective of the mixed tone in the Asian indices even though the US S&P 500 futures post small gains.
Investors resort to adjusting their US Dollar positions ahead of the all-important CPI inflation data from the United States, which will have a significant influence on the US Federal Reserve (Fed) policy path.
US annual headline CPI is seen rising 3.3% in July against a 3% increase recorded in June. The Core CPI inflation is likely to steady at 4.8% YoY in the reported period. On a monthly basis, both the headline and Core inflation figures are expected to hold steady at 0.2%.
Dagangan ditutup: sasaran tercapai
SELL 1930 - 1910. +200pip ❇️❇️❇️Penerbitan berkaitan
Penafian
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Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.