- Analiza
- Novosti i instrumenti
- Vesti sa tržišta
- Gold Price Analysis: XAU/USD trading with negative bias as bulls eye last week’s lows in $1780s
Gold Price Analysis: XAU/USD trading with negative bias as bulls eye last week’s lows in $1780s
- Gold is trading with a negative bias on Wednesday after failing to get above its 200DMA on Tuesday.
- XAU/USD is currently in the $1810s and eyeing last week’s lows amid a buoyant buck and rising global yields.
A pick up in the US dollar as global markets adopt a slightly more risk-off tone and a Eurozone led rise in global yields is exerting pressure on spot gold (XAU/USD) prices, which recently fell back to probe the $1810 per troy ounce mark. Hawkish remarks from Fed policymakers this week (including Chairman Jerome Powell on Tuesday) have emphasised the Fed’s commitment to inflation-fighting even in the face of weaker economic growth, while the ECB policymakers have been talking up the prospect of a summer start to rate hikes and this combo is weighing on stocks/pushing up global yields.
Higher yields raise the opportunity cost of holding non-yielding commodities like precious metals, hence the negative correlation to gold. Meanwhile, a stronger US dollar makes USD-denominated commodities like XAU/USD more expensive for international buyers, also weighing on demand. Against the backdrop of a well-supported US dollar and hawkish central bank-inspired upside in global yields, many gold bears will be eyeing a test of last week's lows in the mid-$1780s. Technicians noted that Tuesday’s test and rejection of the 200-Day Moving Average in the $1830s could prove an important bearish sign going forward. For now, the precious metal is stabilising in the mid $1810s, ever so slightly in the red on the day.
© 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.
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.
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
