GOLD waiting for information
$Micro 10-Year Yield - main 2202(10Ymain)$
Spot gold hit its highest level since March 14 in session, testing the $1,960 zone. The comments of Charles Evans somewhat cooled his ardor at the end of the session.
Technically investors would remain waiting for information on the level of intervention from the Fed which could put a lid on the gold market.
In this regard, the March US consumer price report, due today, could enlighten traders expecting further increases due to the impact of the war in Ukraine on energy costs.
In the longer term, the war in Ukraine continues and without a clear solution and it would become obvious that gold is supported.
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- CKE·2022-04-20[smile] //@Dalang: //@Suman923: $Gold - main 2206(GCmain)$ $Micro 10-Year Yield - main 2202(10Ymain)$ Spot gold hit its highest level since March 14 in session, testing the $1,960 zone. The comments of Charles Evans somewhat cooled his ardor at the end of the session. Technically investors would remain waiting for information on the level of intervention from the Fed which could put a lid on the gold market. In this regard, the March US consumer price report, due today, could enlighten traders expecting further increases due to the impact of the war in Ukraine on energy costs. In the longer term, the war in Ukraine continues and without a clear solution and it would become obvious that gold is supported.1Report
- ThinkOrSwim·2022-04-14Historically, when Gold trades upwards along-side the DXY, it’s a sign of extreme fear on the onslaught of runaway inflation. This time, a double-whamy: money-printing and NATO-conflicts. [Facepalm]3Report
- CY Tan·2022-04-14Surprisingly gold price is stagnant at $1,900 level and never go pass $2,000.1Report
- Zhoulder·2022-04-14nice analysis2Report
- BernardLL·2022-04-14Gold mined in Russia will not be flowing out. That accounts for roughly 10 percent of world production. Gold is the ultimate money that the world can trust1Report
- Goget·2022-04-14Should buy some gold during peaceful times2Report
- ccy1122·2022-04-14[OK] [OK] [OK] [Like] [Like] [Like] [Thinking] [Thinking] [Thinking]1Report
- HSTew·2022-04-14gold is still the safest haven especially if USD is in doubt.1Report
- Xniffler·2022-04-13Gold gold gold go2Report
- Albert945·2022-04-20thanks for sharing, keep it up1Report
- Sapporo·2022-04-20[微笑] [微笑]1Report
- labbiT·2022-04-16Thanks for sharing1Report
- SureWinTun·2022-04-14Recession coming1Report
- AE2·2022-04-14Gold is safe haven1Report
- OldCat·2022-04-14Please like this comment1Report
- traderray·2022-04-14gold is old but that is why it remains sold :)2Report
- matrix20xx·2022-04-14gold gold gold [Love you]1Report
- JeffChin6875·2022-04-14这篇文章不错，转发给大家看1Report
- K734·2022-04-14Thanks for sharing1Report
- 黑目客·2022-04-14[Miser] [Miser]2Report