Traders-Nino

XAUUSD decline remains unchanged.

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
A stronger U.S. dollar and rising Treasury yields have caused gold to fall sharply. If the Federal Reserve maintains higher interest rates for a longer period, this will lead to further losses in the precious metal. Pay attention to the 1805-1815 range below.
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.