Captain-Trading

Gold price is gradually recovering and increasing strongly?

Captain-Trading 已更新   
TVC:GOLD   黃金差價合約(美元/盎司)
Gold has slightly extended its gains and continues its successful upward trend on the third day. GOLD fluctuates around $1,900 per ounce in Asian trading on Wednesday, showing signs of recovery after four consecutive weeks of losses despite the stronger US dollar.

However, a stronger rebound is unlikely at this time. The Relative Strength Index (RSI) indicator remains near oversold levels, indicating a relatively low buying interest.
評論:
“Despite market volatility, especially higher real yields, gold is showing signs of stabilizing with recent gains supported by a weakening dollar on speculation China will continue to grow. continue to take many measures to restore the economy that is in recession.”
評論:
What do you think about the gold price today?
評論:
The world gold price gained modestly after a series of quiet days thanks to the weakening of the USD. Early this morning, the US Dollar Index, which measures the volatility of the greenback, fell 0.19%, increasing the attractiveness of gold to buyers holding other currencies.
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