Gold Market Reacts to Hawkish Fed and Awaits Inflation Data
===============
#14566990 ver:0.85
Gold prices slide to one-week low as Fed's hawkish outlook boosts US Treasury bond yields, supports US Dollar, and undermines gold. Traders await US Q1 GDP and PCE Price Index data for directional cues. Geopolitical tensions and central bank buying continue to support gold as a safe-haven asset. Technical outlook is bearish, but long-term outlook remains bullish. #GoldMarket #FedOutlook #InflationData #SafeHavenAsset...
#newstr #GoldMarket #InflationData #FederalReserve #InterestRateCut #PersonalConsumptionExpendituresPriceIndex #EconomicIndicators #HeadAndShouldersFormations #BearFlagBreakout #TradingOpportunities
https://here.news/story/14566990?ver=0.85
Gold Prices in India Experience a Decrease on April 23 /
npub130…jv40j
2024-06-26 03:01:22
Author Public Key
npub130fvwavnqsrt5qddsvturpcen9ghhrw3lw9faz6jngrc0jcrnl2qwjv40jPublished at
2024-06-26 03:01:22Event JSON
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"content": "Gold Market Reacts to Hawkish Fed and Awaits Inflation Data\n===============\t\n#14566990 ver:0.85\n\nGold prices slide to one-week low as Fed's hawkish outlook boosts US Treasury bond yields, supports US Dollar, and undermines gold. Traders await US Q1 GDP and PCE Price Index data for directional cues. Geopolitical tensions and central bank buying continue to support gold as a safe-haven asset. Technical outlook is bearish, but long-term outlook remains bullish. #GoldMarket #FedOutlook #InflationData #SafeHavenAsset...\n\n#newstr #GoldMarket #InflationData #FederalReserve #InterestRateCut #PersonalConsumptionExpendituresPriceIndex #EconomicIndicators #HeadAndShouldersFormations #BearFlagBreakout #TradingOpportunities \n\n https://here.news/story/14566990?ver=0.85",
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