Wednesday, 9 August 2023

High Real Yields Starting to Bite Gold? XAU/USD Price Setup Ahead of US CPI

Higher real rates could be starting to finally weigh on gold prices. What is the outlook for XAU/USD and what are the key levels to watch?

from DailyFX - Market News https://ift.tt/t6vbfcK
via IFTTT
at
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...