- Analiza
- Novosti i instrumenti
- Vesti sa tržišta
- Gold Price Forecast: XAU/USD rebounds to $1850 despite higher US yields
Gold Price Forecast: XAU/USD rebounds to $1850 despite higher US yields
- Stocks reverse in Wall Street, Dow Jones down by more than 1%.
- US economic data surpass expectations.
- XAU/USD faces resistance around the $1850 area.
Gold prices bounced from multi-day lows under $1830 to the $1850 area after the beginning of the American session and despite higher US yields. XAU/USD holds near daily highs even as Wall Street extends losses and as the US dollar strengthens.
Earlier on Wednesday gold prices rose sharply finding resistance under $1850. After a pullback to $1838 following the release of better-than-expected US economic, prices turned again to the upside. As of writing, XAU/USD stands at $1849, fresh daily high.
The positive momentum for gold remains intact even despite the negative context for the metal. The US 10-year yield stands at weekly highs at 2.93%. The US dollar trades at daily highs across the board. The DXY is up by 0.80% above 102.55.
The positive US ISM Manufacturing report triggered a decline in equity prices as the figures reinforced expectations of aggressive monetary policy tightening from the Federal Reserve.
Silver is rising by 1.45%, erasing most of Tuesday’s losses. XAG/USD bottomed at $21.44 during the European session and recently peaked at $21.97.
Wednesday’s rally in metal could turn into a reversal if gold manages to break and hold above $1850 and silver does the same with $22.00.
Technical levels
© 2000-2025. 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
