🥇🇺🇸 XAU/USD
Gold price stands tall near record high ahead of the key FOMC meeting this week
📝 Gold price (XAU/USD) holds steady near the all-time high, around the $2,580 region during the Asian session . US political uncertainty ahead of November election and persistent geopolitical risks further underpin demand for the safe-haven precious metal . Rising bets for a more aggressive policy easing by the Fed, bolstered by signs of easing inflationary pressure in the US, keep the US Treasury bond yields depressed near the 2024 low .
XAUUSD is sideways due to market uncertainty ahead of September's inflation news, which could impact interest rates and the dollar's strength."
Читать полностью…Good morning 🌤️
A new week present opportunity to change the future by learning and growing from the past. Both work together to overcome the challenges of tomorrow. 💹🎈
🥇🇺🇸 XAU/USD
Gold price consolidates near all-time peak, looks to Fed before the next leg up
📝 Gold price (XAU/USD) is seen oscillating in a narrow trading band during the Asian session on Tuesday and consolidating its recent gains to a fresh all-time peak . The prospects for a more aggressive policy easing by the Federal Reserve (Fed) keep the US Dollar (USD) depressed near the 2024 low and act as a tailwind for the non-yielding yellow metal .
🔍 XAU/USD
📢 Gold Price Forecast: XAU/USD looks to $2,600, as more gains remain in the offing
📝 Gold price is sitting at the highest level on record near $2,570, with buyers contemplating the next move amid sustained weakness in the US Dollar (USD) and the US Treasury bond.
Breaking News - According to pentagon official, based on intelligence information, Iranian attack on Israel could occur within the next 24hours
Читать полностью…All markets around the world are crashing and Gold which is typically a safe haven asset is not behaving as it should.🫡
This week will be more volatile.💹
so remember risk management will be important🔑🗝️
Unexpected NFP with Bull & Bear Movement.💹
I'm only Monitoring for Now, staying patient to Execute at the Right Moment. Stay Tuned 😅