Gold recovered in the short term
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Samson greets everyone!
Similar to yesterday, gold experienced significant fluctuations after the evening news and quickly returned to trading around $1987, with little change compared to the same time yesterday. Gold prices are seeking support from the weak performance of the US dollar and low interest rates on US Treasury bonds as they try to stabilize after significant losses caused by uncertain policies of the Federal Reserve.
In Samson's personal opinion, the low level of $1977 may be tested once again and then be considered an important support level to push gold prices back up.
Similar to yesterday, gold experienced significant fluctuations after the evening news and quickly returned to trading around $1987, with little change compared to the same time yesterday. Gold prices are seeking support from the weak performance of the US dollar and low interest rates on US Treasury bonds as they try to stabilize after significant losses caused by uncertain policies of the Federal Reserve.
In Samson's personal opinion, the low level of $1977 may be tested once again and then be considered an important support level to push gold prices back up.
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