Gold prices steadied in a tight range on Tuesday as optimism that the US central bank won't raise interest rates this month kept the dollar under pressure.
The dollar index fell 0.1%, making gold a more favorable option for foreign investors. Yields on 10-year Treasuries also fell after weaker US services data on Monday.
Lower interest rates tend to lift the price of gold because it lowers the opportunity cost of holding non-yielding assets.
Gold is approaching the H4-frame EMA at 1968 and there will be a price reaction here.
In the short term, I expect Gold to return around the 1950 price range to establish a buy order.
The dollar index fell 0.1%, making gold a more favorable option for foreign investors. Yields on 10-year Treasuries also fell after weaker US services data on Monday.
Lower interest rates tend to lift the price of gold because it lowers the opportunity cost of holding non-yielding assets.
Gold is approaching the H4-frame EMA at 1968 and there will be a price reaction here.
In the short term, I expect Gold to return around the 1950 price range to establish a buy order.
İşlem aktif
İşlem aktif
Gold 1966 => 1954
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.