Oro / DollaroLong
Gold news summary yesterday and today; Personal opinion
NEWS: XAU/USD
Gold News Yesterday and Today
Gold prices fell on Thursday as rising yields and a stronger US dollar weighed on investors, while investors awaited US data for more clarity on the Federal Reserve's interest rate stance for 2025. And markets are looking ahead to tomorrow's US jobs report
The ADP National Employment Report showed US private payroll growth slowed sharply a month ago to 122,000 from 146,000 in November 2024.
Trump took office on January 20, with investors anticipating that the tariffs and protectionist policies he proposed are expected to boost inflation.
Summary
Personal opinion: Gold prices are expected to rise slightly today due to the influence of yesterday's ADP news, plus the US bond yields are falling slightly. The market is a bit volatile today in preparation for more data to be released tomorrow, especially the NF news.
Price Setup
Buy Gold Zone: $2660-$2662 SL$2655
TP1: $2670
TP2: $2675
TP3: $2680
Gold News Yesterday and Today
Gold prices fell on Thursday as rising yields and a stronger US dollar weighed on investors, while investors awaited US data for more clarity on the Federal Reserve's interest rate stance for 2025. And markets are looking ahead to tomorrow's US jobs report
The ADP National Employment Report showed US private payroll growth slowed sharply a month ago to 122,000 from 146,000 in November 2024.
Trump took office on January 20, with investors anticipating that the tariffs and protectionist policies he proposed are expected to boost inflation.
Summary
Personal opinion: Gold prices are expected to rise slightly today due to the influence of yesterday's ADP news, plus the US bond yields are falling slightly. The market is a bit volatile today in preparation for more data to be released tomorrow, especially the NF news.
Price Setup
Buy Gold Zone: $2660-$2662 SL$2655
TP1: $2670
TP2: $2675
TP3: $2680
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