GOLD: Lose Appeal or Not?
Hello everyone! Today i want to share some macro analysis with you!
1.
$Gold - main 2502(GCmain)$ closed 0.48% lower at $2,620.96 per ounce on Friday (30 December), barely holding above the 100-day SMA at 2,616.01, as rising US Treasury yields diminished the appeal of non-yielding gold in thin holiday trading, with the market focused on the return of President-elect Donald Trump and his inflation-stimulating policies' impact on the Fed's outlook for 2025 Potential Impact. $XAU/USD(XAUUSD.FOREX)$
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