Fed interest rate instability causes gold to plunge seriously, Fed officials offered different views on future rate hikes by the central bank. Fed Governor Michelle Bowman said on Monday that more rate hikes may be needed to bring inflation closer to the Fed's annual target range.
on the 4-hour chart, we can see gold's bearish momentum developing, 1900 round resistance is not far away. please set up a sell order as soon as it breaks the bearish triangle/
What are your ideas let me know in the comments, thanks!
on the 4-hour chart, we can see gold's bearish momentum developing, 1900 round resistance is not far away. please set up a sell order as soon as it breaks the bearish triangle/
What are your ideas let me know in the comments, thanks!
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The greenback fell sharply after the unsatisfactory jobs report. NFP reported less-than-expected gains, falling unemployment while average hourly earnings were higher than expected.
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Gold under pressure as dollar and US yields rise
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Gold price hits the bottom of nearly 1 month due to strong USD
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Today 11.08 gold has been on the right trajectory that I have outlined. Thank you to everyone who followed me. Please join me.
