The Upward Momentum Will not Change!
Hello everyone! Today i want to share some macro analysis with you!
1.
On Monday, spot gold retreated sharply after hitting a record high due to rising U.S. bond yields and a stronger U.S. dollar, offsetting the uncertainty brought about by the U.S. presidential election and the war in the Middle East to support it. $Gold - main 2412(GCmain)$
Spot gold touched a record high of $2,740.58 per ounce in the early New York session on Monday.
But then gold prices fell sharply, the lowest gold prices in the New York session once fell to 2714.13 U.S. dollars / ounce.
But the overall trend of gold will also rise! $Goldmoney Inc.(XAUMF)$
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