Gold Prices Slide Amid Risk-On Mood and Upcoming US Data
===============
#1427aa63 ver:0.07
Gold prices slide as traders adopt a cautious outlook amid recent volatility. US inflation data release could impact the Federal Reserve's decision on interest rates. Despite the dip, the uptrend remains intact with potential support levels at $2,306 and $2,300. Gold is a safe-haven asset and a hedge against inflation and depreciating currencies. Central banks continue to increase their gold reserves. #GoldPrices #InflationData #FederalReserve #SafeHavenAsset...
#newstr #Gold #UsTreasuryYields #InflationData #FedChairPowell #RiskonImpulse #UsBureauOfLaborStatistics #ProducerPriceIndex #ConsumerPriceIndex #TechnicalAnalysis #SafehavenAsset
https://here.news/story/1427aa63?ver=0.07
Gold Prices React to Key US Inflation Data /
npub1xh…tan5z
2024-05-13 20:05:18
Author Public Key
npub1xhmwtz5yna37nz5mk2e5hha3n2a6zef0xsc07rlwhkr9rjayysgsatan5zPublished at
2024-05-13 20:05:18Event JSON
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"content": "Gold Prices Slide Amid Risk-On Mood and Upcoming US Data\n===============\t\n#1427aa63 ver:0.07\n\nGold prices slide as traders adopt a cautious outlook amid recent volatility. US inflation data release could impact the Federal Reserve's decision on interest rates. Despite the dip, the uptrend remains intact with potential support levels at $2,306 and $2,300. Gold is a safe-haven asset and a hedge against inflation and depreciating currencies. Central banks continue to increase their gold reserves. #GoldPrices #InflationData #FederalReserve #SafeHavenAsset...\n\n#newstr #Gold #UsTreasuryYields #InflationData #FedChairPowell #RiskonImpulse #UsBureauOfLaborStatistics #ProducerPriceIndex #ConsumerPriceIndex #TechnicalAnalysis #SafehavenAsset \n\n https://here.news/story/1427aa63?ver=0.07",
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