malaysia forex trading time–HXFXglobal reminds you:
Fed’s Policy Been Digested, Gold Bears Menancing
Don’t miss the opportunity to make a profit, check the gold trend now>>
The number of initial jobless claims which announced at yesterday was increased unexpectedly, USD fell, and gold once touched a two-month high, but then 10-year U.S. Treasury yields rose slightly, and gold fell from highs. Due to the inflation concerns and tensions in Eastern Europe, gold gets supported. Although the short-term of gold trend is still on the upside, but some analysts believe that the market has fully digested the Fed’s interest rate hike expectations, and the real yield is higher, so gold is expected to fall.
The trend of gold can be paid attention to the US monthly leading economic indicators in December which will be released at 23:00 tonight, will affect the trend of gold, and investors must seize the opportunity to place orders.
Daily Focus allows you to understand the gold market, increase profit opportunities, and immediately seize the opportunity>>>
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