- Analiza
- Novosti i instrumenti
- Vesti sa tržišta
- Gold Price Forecast: XAU/USD jumps to fresh multi-month highs above $1,830
Gold Price Forecast: XAU/USD jumps to fresh multi-month highs above $1,830
- Gold climbed above $1,830 for the first time since late June.
- XAU/USD volatility increases amid thin liquidity conditions.
- Rising US Treasury bond yields don't seem to be limiting the pair's upside.
After dropping toward $1,800 in the early American session on Tuesday, Gold price gathered bullish momentum and rose above $1,830 for the first time since June 22 before retreating modestly. As of writing, XAU/USD was up 1.3% on the day at $1,823.
Earlier in the day, China announced that it will reopen its borders and forego quarantine obligations from January 8. With this decision, China will essentially be ending its zero-COVID policy. This development seems to be helping XAU/USD push higher on heightened optimism for an improving demand outlook.
Meanwhile, the 10-year US Treasury bond yield holds in positive territory above $3.8% but does little to nothing to derail Gold price's rally.
It's also worth noting that liquidity conditions remain thin in markets following the long weekend and ahead of the New Year holiday, possibly causing XAU/USD's volatility to remain high.
Earlier in the day, the data from the US showed that house prices remained unchanged in October. Additionally, the Federal Reserve Bank of Dallas' Texas Manufacturing Survey showed that the General Business Activity Index declined to -18.8 in December from -14.4 in November. The US Dollar struggles to find demand following the data releases, allowing Gold price to preserve its bullish momentum.
Technical levels to watch for
© 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
