Gold prices fell sharply after US government bond yields surpassed an important resistance level along with the market reassessing the Fed's interest rate outlook.
The 10-year US government bond yield has now increased above the psychological level of 4.0%, which has helped the US dollar increase sharply compared to most other currencies. This also caused a strong impact on XAU/USD as the gold price fell more than 1.25% in just one day.
In addition, the USD's upward momentum was also reinforced by the market's reassessment of the interest rate outlook after Fed Governor Christopher Waller said that policymakers will not rush to cut interest rates until there is a clear signs that inflation can be maintained at a low level. In addition, with the US economy still maintaining a good level, the Fed may not loosen monetary policy significantly this year.
The 10-year US government bond yield has now increased above the psychological level of 4.0%, which has helped the US dollar increase sharply compared to most other currencies. This also caused a strong impact on XAU/USD as the gold price fell more than 1.25% in just one day.
In addition, the USD's upward momentum was also reinforced by the market's reassessment of the interest rate outlook after Fed Governor Christopher Waller said that policymakers will not rush to cut interest rates until there is a clear signs that inflation can be maintained at a low level. In addition, with the US economy still maintaining a good level, the Fed may not loosen monetary policy significantly this year.
注释
BUY XAU 2021 - 2019TP1: 2027
TP2: 2035
SL: 2011
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这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。