trusted trading apps malaysia–HXFXglobal reminds you:
Rebounded Weakly For 3 Consecutive Days, Gold Under Multiple Suppression
Don’t miss the opportunity to make a profit, check the gold trend now>>
Although the US dollar fell for three consecutive days, coupled with factors such as geopolitical situations and economic recession, market concerns have provided safe-haven support for gold prices. However, the price of gold did not rebound, but maintained a sideways trend. It can be seen that there is strong selling pressure above. This is because many central banks around the world tend to raise interest rates aggressively in the future, which will suppress the price of gold. The short-term gold price may continue to be under pressure and maintain a volatile downward trend.
The trend of gold can be paid attention to…
-Latest news on the Russian-Ukrainian war
-22:00 Total U.S. Existing Home Sales Annualized (June)
-20:15 Eurozone Interest Rate Decision
-20:30 US Unemployment Claims for the week ending 7/16
-22:00 Conference Board Leading Indicators (MoM) (June)
-21:45 US Markit Manufacturing PMI Initial Value (July)
Which will affect the trend of gold, and investors must seize the opportunity to place orders.
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Disclaimer: Information above can only be use for references and doesn’t represent our platform’s opinions.
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