GOLD: The Bulls or Still ‘Plotting’ all-time Highs?

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GOLD: The Bulls or Still ‘Plotting’ all-time Highs?

Hello everyone! Today i want to share some macro analysis with you!

Gold trading alert: economic data dampened expectations of a 50-point rate cut, but the geopolitical situation still provides support, the bulls or still ‘plotting’ all-time highs? $Gold - main 2412(GCmain)$ $XAU/USD(XAUUSD.FOREX)$

Friday (August 16) Asian morning trading, gold narrow range oscillation, currently trading at 2453.60. Gold prices Thursday shock run, the highest intraday rose to 2470 mark near, but because of the initial claims data and ‘horror data’ performance is strong, U.S. bond yields rose, gold prices once fell to 2432 U.S. dollars near, and then subject to low Buying and safe-haven buying support, closed at 2456.35.

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https://x.com/TradersXauusd/status/1824290732573856141

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KSR
·08-17
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yusmaniar
·08-16
Great article, would you like to share it?
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Today i want to share some macro analysis with you!1.Gold trading alert: economic data dampened expectations of a 50-point rate cut, but the geopolitical situation still provides support, the bulls or still ‘plotting’ all-time highs? <a data-mention-id=\"GCmain\" class=\"teditor-mention\" data-mention-name=\"Gold - main 2412\" href=\"https://ttm.financial/FUT/GCmain\">$Gold - main 2412(GCmain)$</a> <a data-mention-id=\"XAUUSD.FOREX\" class=\"teditor-mention\" data-mention-name=\"XAU/USD\" href=\"https://ttm.financial/S/XAUUSD.FOREX\">$XAU/USD(XAUUSD.FOREX)$</a> Friday (August 16) Asian morning trading, gold narrow range oscillation, currently trading at 2453.60. 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Today i want to share some macro analysis with you!1.Gold trading alert: economic data dampened expectations of a 50-point rate cut, but the geopolitical situation still provides support, the bulls or still ‘plotting’ all-time highs? <a data-mention-id=\"GCmain\" class=\"teditor-mention\" data-mention-name=\"Gold - main 2412\" href=\"https://ttm.financial/FUT/GCmain\">$Gold - main 2412(GCmain)$</a> <a data-mention-id=\"XAUUSD.FOREX\" class=\"teditor-mention\" data-mention-name=\"XAU/USD\" href=\"https://ttm.financial/S/XAUUSD.FOREX\">$XAU/USD(XAUUSD.FOREX)$</a> Friday (August 16) Asian morning trading, gold narrow range oscillation, currently trading at 2453.60. Gold prices Thursday shock run, the highest intraday rose to 2470 mark near, but because of the initial claims data and ‘horror data’ performance is strong, U.S. bond yields rose, gold prices once fell to 2432 U.S. dollars near, and then subject to low Buying and safe-haven buying support, closed at 2456.35.<img src=\"https://community-static.tradeup.com/news/2b051ff72c9feb20e1a3cab38eeb13ad\" tg-width=\"900\" tg-height=\"540\">Follow me to learn more about analysis!!https://x.com/TradersXauusd/status/1824290732573856141</body></html>","text":"Hello everyone! Today i want to share some macro analysis with you! 1. Gold trading alert: economic data dampened expectations of a 50-point rate cut, but the geopolitical situation still provides support, the bulls or still ‘plotting’ all-time highs? $Gold - main 2412(GCmain)$ $XAU/USD(XAUUSD.FOREX)$ Friday (August 16) Asian morning trading, gold narrow range oscillation, currently trading at 2453.60. 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