Positive data from the ADP report and initial unemployment claims caused the market to lower interest rate valuations, pushing gold prices down.
On January 4, strong employment data from the US economy caused the market to lower the price of the Fed's interest rate cuts this year, pushing up the USD and causing gold to slide. However, with geopolitical tensions in the Middle East, safe-haven demand for gold is expected to continue to increase. Currently, gold has recovered to $2,046.
With recent strong labor market data, all eyes will be on the NFP report, which is an important data point to assess the US labor market, thereby helping to determine policy trends. upcoming Fed.
On January 4, strong employment data from the US economy caused the market to lower the price of the Fed's interest rate cuts this year, pushing up the USD and causing gold to slide. However, with geopolitical tensions in the Middle East, safe-haven demand for gold is expected to continue to increase. Currently, gold has recovered to $2,046.
With recent strong labor market data, all eyes will be on the NFP report, which is an important data point to assess the US labor market, thereby helping to determine policy trends. upcoming Fed.
Заметка
SELL XAU 2045 - 2047TP1: 2034
TP2: 2025
SL: 2057
Заметка
running + 80 pipsЗаметка
running + 200 pipsПохожие публикации
Отказ от ответственности
Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.
Похожие публикации
Отказ от ответственности
Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.
