Hello dear friends!
The price of gold continues to trend upward and has reached a new high in several weeks, surpassing $2,060 USD. The yield on the 10-year US Treasury bond remains below 3.9% after weak US PCE inflation data, providing momentum for XAU/USD to increase in value.
Breaking through the resistance level of $2,047-$2,048 USD, representing the highest trading range in a week, would be beneficial for bullish traders. As a result, there may be further attempts to test the next related resistance level around $2,072-$2,073 USD, which could potentially lead gold prices to aim for the round figure of $2,100 USD.
Wishing you a Merry Christmas!
The price of gold continues to trend upward and has reached a new high in several weeks, surpassing $2,060 USD. The yield on the 10-year US Treasury bond remains below 3.9% after weak US PCE inflation data, providing momentum for XAU/USD to increase in value.
Breaking through the resistance level of $2,047-$2,048 USD, representing the highest trading range in a week, would be beneficial for bullish traders. As a result, there may be further attempts to test the next related resistance level around $2,072-$2,073 USD, which could potentially lead gold prices to aim for the round figure of $2,100 USD.
Wishing you a Merry Christmas!
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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.
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.