XAUUSD: March is seasonally weak for Gold!
Fundamental Overview
Gold tends to perform well in January and August, but March has historically been the weakest month for the precious metal over the past 25 years. Usually, gold sees an early rise due to the retracement of the USD and yields after the Fed rate re-pricing. However, the future outlook for gold will depend on the path of US rates. If the Fed starts discussing rates at 6%, it could negatively impact gold, especially with the added pressure from the seasonally weak month.
Plan trade in the intro
Gold tends to perform well in January and August, but March has historically been the weakest month for the precious metal over the past 25 years. Usually, gold sees an early rise due to the retracement of the USD and yields after the Fed rate re-pricing. However, the future outlook for gold will depend on the path of US rates. If the Fed starts discussing rates at 6%, it could negatively impact gold, especially with the added pressure from the seasonally weak month.
Plan trade in the intro
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。