XAU/USD - H1 Chart
Factors affecting Gold :
XAUUSD
1. Monetary policy dynamics should favor Dollar strength in this Month.
2. A crucial fundamental factor putting pressure on gold is the rise in government bond yields in developed countries with falling inflation. It is becoming increasingly difficult for gold to compete on yield.
3. Prospects for gold are soft for both the hawkish and dovish Fed expectations. The hawkish Fed expectations boost the dollar and the US yields and weigh on gold appetite.
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Factors affecting Gold :
XAUUSD 1. Monetary policy dynamics should favor Dollar strength in this Month.
2. A crucial fundamental factor putting pressure on gold is the rise in government bond yields in developed countries with falling inflation. It is becoming increasingly difficult for gold to compete on yield.
3. Prospects for gold are soft for both the hawkish and dovish Fed expectations. The hawkish Fed expectations boost the dollar and the US yields and weigh on gold appetite.
Support with likes and Comments
Thank you
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👉👉 Join My Telegram Channel :
✳️ Forex Technical Charts : telegram.me/kabhifx
✳️ Crypto Technical Charts : t.me/Kabhi_Crypto
📞📞Telegram me @t.me/kabhidhan
✳️ Forex Technical Charts : telegram.me/kabhifx
✳️ Crypto Technical Charts : t.me/Kabhi_Crypto
📞📞Telegram me @t.me/kabhidhan
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.