Gold continues to be under pressure from strong economic data
Gold had a volatile week after a series of US economic data rose above estimates
Gold had a volatile week with a sharp drop from $2,031 to $1,990 on Tuesday as the US CPI report beat estimates. Precious metals recovered but then sold off slightly on Friday when US PPI data also increased more than expected, showing that the US economy is still very resilient under the pressure of high interest rates. With current economic data along with the ongoing geopolitical situation, gold prices are expected to continue to experience many fluctuations. Currently, gold is recovering to $2,017.
Next week, the market will receive the FOMC meeting minutes and S&P Global PMI index on Thursday. These data will give the market a clearer view of the economy and the Fed's interest rate outlook, which could create volatility for gold.
Gold had a volatile week after a series of US economic data rose above estimates
Gold had a volatile week with a sharp drop from $2,031 to $1,990 on Tuesday as the US CPI report beat estimates. Precious metals recovered but then sold off slightly on Friday when US PPI data also increased more than expected, showing that the US economy is still very resilient under the pressure of high interest rates. With current economic data along with the ongoing geopolitical situation, gold prices are expected to continue to experience many fluctuations. Currently, gold is recovering to $2,017.
Next week, the market will receive the FOMC meeting minutes and S&P Global PMI index on Thursday. These data will give the market a clearer view of the economy and the Fed's interest rate outlook, which could create volatility for gold.
トレード稼働中
Sell 2025 - 2027TP1 : 2020
TP2 : 2015
SL 2035
関連の投稿
免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。
関連の投稿
免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。