Gold prices went upstream, surpassing the 2,400 mark
已更新
Gold prices (XAU/USD) continued their recent correction from record highs hit last week and fell to their lowest in more than a week on Monday. US President Joe Biden's withdrawal from the 2024 Presidential election has increased the likelihood of Donald Trump becoming the next US President, increasing expectations of a looser regulatory environment. This, coupled with the People's Bank of China's (PBoC) surprise interest rate cut on Monday, has fueled investor appetite for riskier assets and put heavy pressure on gold - safe haven assets.
Meanwhile, Donald Trump's second presidential term is expected to push long-term inflation expectations higher, leading to an increase in US government bond yields. This has had a positive impact on the USD and contributed to promoting money flow away from gold - a non-yielding asset. However, growing acceptance that the Federal Reserve (Fed) will begin its rate-cutting cycle in September limited USD gains and supported XAU/USD in climbing back above the $2,400 mark during the Asian session on Tuesday.
Meanwhile, Donald Trump's second presidential term is expected to push long-term inflation expectations higher, leading to an increase in US government bond yields. This has had a positive impact on the USD and contributed to promoting money flow away from gold - a non-yielding asset. However, growing acceptance that the Federal Reserve (Fed) will begin its rate-cutting cycle in September limited USD gains and supported XAU/USD in climbing back above the $2,400 mark during the Asian session on Tuesday.
註釋
gold SELL 2398 - 2400 ✔️TP1: 2394
✔️TP2: 2390
SL: 2407
註釋
Running + 80 pips註釋
+ 140 pips
相關出版品
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。