Hi traders,
I’ve just published a new analysis on gold price (XAU/USD) as it's coming under pressure due to rising optimism around trade talks and expectations of a hawkish Fed stance.
Key points:
- Gold tested support near $2,310 and is showing signs of further weakness.
- Market is pricing in higher-for-longer Fed interest rates.
- Trade optimism between major economies is lifting risk appetite, reducing safe-haven demand.
Read my full analysis here:
https://smartfxguide.com/gold-price-...gh-on-xau-usd/
Happy trading,
SmartFXGuide
I’ve just published a new analysis on gold price (XAU/USD) as it's coming under pressure due to rising optimism around trade talks and expectations of a hawkish Fed stance.
Key points:
- Gold tested support near $2,310 and is showing signs of further weakness.
- Market is pricing in higher-for-longer Fed interest rates.
- Trade optimism between major economies is lifting risk appetite, reducing safe-haven demand.
Read my full analysis here: https://smartfxguide.com/gold-price-...gh-on-xau-usd/Happy trading,
SmartFXGuide