Gold has just set a new all-time high, as investor demand across the entire market skyrocketed due to growing confidence that the US will cut interest rates this year.
Gold bullion increased 1.1%, reaching $2,440.59/oz early in the Asian session, surpassing the previous record set in April. This price increase is said to be due to traders becoming increasingly confident that the Fed may reduce interest rates as early as September this year.
The dollar fell and US government bonds rose sharply last week, after data released on Wednesday showed April inflation fell more than expected. This is supportive for gold, a precious metal that does not yield interest and is priced in USD.
Gold bullion increased 1.1%, reaching $2,440.59/oz early in the Asian session, surpassing the previous record set in April. This price increase is said to be due to traders becoming increasingly confident that the Fed may reduce interest rates as early as September this year.
The dollar fell and US government bonds rose sharply last week, after data released on Wednesday showed April inflation fell more than expected. This is supportive for gold, a precious metal that does not yield interest and is priced in USD.
Trade attivo
🔝 XAUUSD BUY 2428 - 2430 🪙🪙🪙✔️ TP 2435
✔️ TP2 2440
❌ SL 2420
🔝 XAUUSD BUY LIMIT 2423 - 2425 🪙🪙🪙
✔️ TP : 2430
✔️ TP1 : 2435
❌ SL 2415
Trade attivo
💵HIT TP1 + 60 pips ⚡️⚡️⚡️ 🪙🪙🪙Trade attivo
💵+ 100 pips ⚡️⚡️⚡️ 🪙🪙🪙Trade attivo
💵+ 120 pips ⚡️⚡️⚡️ 🪙🪙🪙Nota
💵+ 160 pips ⚡️⚡️⚡️ 🪙🪙🪙Nota
💵+ 210 pips ⚡️⚡️⚡️ 🪙🪙🪙
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.