Gold will come under further pressure if the US labor market remains strong, reducing the Fed's interest rate lowering cycle.
The gold market is concerned about some of President-elect Donald Trump's policies related to the strength of the USD in the upcoming term.
GDP growth at 3% and a lower trade deficit during Mr. Trump's term will not be affected by the imposition of tariffs and the weakening of the dollar. A weaker greenback will benefit gold.
Many analysts predict that gold's support price of 2,600 USD/ounce will still maintain and tend to increase from there. Gold price will reach 3,000 USD/ounce next year.
🔥
XAUUSD SELL 2647 2649🔥
💵 TP1: 2635
💵 TP2: 2625
💵 TP3: OPEN
🚫 SL: 2656
The gold market is concerned about some of President-elect Donald Trump's policies related to the strength of the USD in the upcoming term.
GDP growth at 3% and a lower trade deficit during Mr. Trump's term will not be affected by the imposition of tariffs and the weakening of the dollar. A weaker greenback will benefit gold.
Many analysts predict that gold's support price of 2,600 USD/ounce will still maintain and tend to increase from there. Gold price will reach 3,000 USD/ounce next year.
🔥
XAUUSD SELL 2647 2649🔥💵 TP1: 2635
💵 TP2: 2625
💵 TP3: OPEN
🚫 SL: 2656
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PREMIUM CHANNEL ✉️
🔴9-12 signals per day
🔴Free knowledge support
🔴24/7 support for newbies.
🔴You always have priority.
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🔴9-12 signals per day
🔴Free knowledge support
🔴24/7 support for newbies.
🔴You always have priority.
t.me/xauusdtradingfx
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.