Breaking: Gold briefly dips below $1800 for first time since early February
13.05.2022, 13:40

Breaking: Gold briefly dips below $1800 for first time since early February

  • Gold momentarily dropped below $1800 per troy ounce in earlier trade for the first time since early February. 
  • Bears are eyeing a test of annual lows in the $1780 area following a key trendline break earlier this week.  

Spot gold (XAU/USD) prices momentarily dipped below the $1800 per troy ounce level a few minutes ago for the first time since early February, weighed by a wave of US dollar strength heading into the US market open. At current levels just above $1800, XAU/USD is trading lower by about 1.0% on the day and about 4.2% on the week. 

Buck strength as a result of a broadly risk-off market mood coupled with continued bets on an aggressive pace of Fed tightening has weighed heavily on the precious metal this week. Fed Chair Jerome Powell's remarks at the Senate (as his second term as Fed Chair was approved) suggest that, in wake of this week's hotter than forecast Consumer Price Inflation data, the Fed remains as committed as ever to getting inflation under wraps and to further rapid monetary tightening.

A clean break below $1800 would open the door to further losses towards the 2022 lows in the $1780 area. The next area of key support is in the $1760 area. Technical selling upon the break below a trend line that had been in play since last August earlier this week is likely exacerbating things for gold. 

© 2000-2024. Sva prava zaštićena.

Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.

The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.

Politika sprečavanja pranja novca

Upozorenje o rizicima

Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.

Politika poverenja

Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.

Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.

Банковни
транcфери
Feedback
Lajv čet E-mail
Povratak na vrh
Izaberi lokaciju / jezik