DNA_BrianTrading

GOLD - price will drop this week 15/08/2023

Short
DNA_BrianTrading Aggiornato   
TVC:GOLD   CFD Oro (US$/OZ)
The world gold price fell sharply when the USD bounced up

Rising interest rates and bond yields have increased the opportunity cost of holding non-yielding assets like gold.

Gold price will drop this week. The continued rise in 10-year US Treasury yields along with the greenback will create a headwind for gold.
Commento:
Gold price declined due to pressure from the rise of USD
Commento:
Wait to BUY in trend
Commento:
XAUUSD BUY zone 1904  - 1902
SL 1899
TP 1920
Commento:
Buy GOLD scalping

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