⚡️Gold prices fell this week as the yield on the 3-month US Treasury note jumped to 5.29%, its highest level in 15 years and well above its long-term average of 4.5%. ,18%. This shows that investors are expecting that the FED may not stop raising interest rates, or will maintain interest rates at a high level of 5.25-5.5% for a long time to come.
⚡️Meanwhile, 10-year US Treasury yields also rose, but at a much slower rate than 3-month yields, currently at 4.25%.
⚡️At the end of the summit, Mr. Jackson Hole said that he will definitely raise interest rates to fight inflation, which will greatly affect the metal market.
⚡️Share your ideas with Krado, I'm looking forward to it⚡️
Comment:
⚡️⚡️ Krado sorry, not week 34 but week 35⚡️⚡️
Comment:
⚡️if the Fed continues to raise interest rates and maintain high interest rates for a long time, it will certainly have a negative impact on the US economy. “Although this will not push the US economy into a recession, it will also slow down its economic growth.⚡️
Comment:
⚡️The current outlook is for another rate hike, though not necessarily in September.⚡️
Comment:
⚡️The Fed wants to reassess its stance from June on rate cuts in the second half of next year. adjust policy so that we achieve 2% inflation by the end of 2025 and not let it drift into 2026.⚡️
Comment:
⚡️The president of the world's most powerful central bank says the Fed will remain crucial in setting its target of re-targeting 2%. The fight is not over yet and the Fed "has a long way to go" to control inflation at the level the Fed wants.⚡️
Comment:
⚡️⚡️Hello everyone, are you ready to fight for the next week? Krado is 1000% ready to win the market together.⚡️⚡️
Trade active:
⚡️⚡️Make a plan for today everyone⚡️⚡️
⚡️Selling price is about 1920 - 1922
️ SL 1930
🌟TP 1 1910
🌟TP 2 1900
⚡️Win the market with Krado⚡️
⚡️Selling price is about 1920 - 1922
️ SL 1930
🌟TP 1 1910
🌟TP 2 1900
⚡️Win the market with Krado⚡️
Comment:
⚡️The outlook for the yellow metal remained muddled by the prospect of higher U.S. interest rates. The dollar stood at an over two-month high on Friday, while Treasury yields rose back towards multi-decade highs.⚡️
Comment:
⚡️Last week, the world gold price increased sharply after 4 consecutive weeks of decline in the context that US Federal Reserve Chairman Jerome Powell will maintain his 2% inflation target and leave open the possibility of further interest rate hikes. in this year⚡️
Comment:
⚡️The yellow metal's decline was somewhat limited as prices fell to a five-month low in early August.⚡️
Comment:
⚡️Markets are now awaiting a slew of economic readings from the world’s largest economy this week, including second-quarter GDP data, PCE inflation, and nonfarm payrolls.⚡️
Comment:
⚡️Nonfarm payrolls data for August is also due this week, and is set to show continued resilience in the U.S. labor market.⚡️
Trade active:
⚡️Selling XAUUSD
price is about 1920 - 1922 + 60 pips congrats everyone⚡️
price is about 1920 - 1922 + 60 pips congrats everyone⚡️
Comment:
⚡️Gold prices rose to a near three-week high on Tuesday, tracking some weakness in the dollar and Treasury yields as markets awaited a slew of key U.S. economic readings due later this week.⚡️
Comment:
⚡️Everything is going slowly, waiting for important Non Farm news⚡️
