Gold: Technical support tested as liquidation continues – MUFG
MUFG’s Senior Currency Analyst Lee Hardman reports that Gold and other precious metals are under pressure despite heightened geopolitical risks.

MUFG’s Senior Currency Analyst Lee Hardman reports that Gold and other precious metals are under pressure despite heightened geopolitical risks. Gold has lost nearly a quarter of its value since the Middle East conflict began and is approaching its 200-day moving average support near USD 4,090/ounce. Position liquidation and hawkish central bank repricing are cited as key drivers of the ongoing correction.

Precious metals slide toward key support

"At the same time, the price of precious metals including gold and silver have continued to correct sharply lower."

"The price of gold has lost almost a quarter of its value since the Middle East conflict began, and has fallen back towards support from its 200-day moving average at around USD 4,090/ounce."

"Position liquidation and the hawkish repricing of central bank rate expectations have weighed on precious metal prices."

"The price of gold has failed to benefit so far from heightened geopolitical risks and stagflation fears."

(This article was created with the help of an Artificial Intelligence tool and reviewed by an editor.)

Lebih sejuta pengguna bergantung pada FXStreet untuk data pasaran masa nyata, alat carta, pandangan pakar dan berita Forex. Kalendar ekonomi yang komprehensif dan webinar pendidikan mereka membantu pedagang kekal bermaklumat dan membuat keputusan yang dikira. FXStreet disokong oleh pasukan kira-kira 60 profesional di ibu pejabat Barcelona dan pelbagai wilayah global.
Baca Lagi

SEBUT HARGA LANGSUNG

Nama / Simbol
Carta
% Perubahan / Harga
XBRUSD
Perubahan 1 hari
+0%
0
XTIUSD
Perubahan 1 hari
+0%
0
XAUUSD
Perubahan 1 hari
+0%
0

SEMUA TENTANG OIL

Terokai Lebih Banyak Alat
Akademi Perdagangan
Layari pelbagai artikel pendidikan yang merangkumi strategi perdagangan, wawasan pasaran, dan asas kewangan, semuanya di satu tempat.
Ketahui Lebih Lanjut
Kursus
Terokai kursus perdagangan berstruktur yang direka untuk menyokong pertumbuhan anda di setiap peringkat perjalanan perdagangan anda.
Ketahui Lebih Lanjut
Webinar
Sertai webinar langsung dan atas permintaan untuk mendapatkan wawasan pasaran masa nyata dan strategi perdagangan daripada pakar industri.
Ketahui Lebih Lanjut