US Sick Economy
In terms of technical analysis, the price can continue to depreciate by breaking the bottom of its downtrend channel.
Given the turbulent situation in the US stock markets, it can understand that the US economy is sick.
Economic data from the unfavorable situation in the inflation sector can also have adverse effects on the economy.
Therefore, one of the tools to control inflation is to use leverage to increase and decrease interest rates. It seems that the United States should use this tool, and we will see an increase in interest rates in the future.
Then we will see the possibility of a growth of the dollar index and a decrease in the price of gold.
But these fluctuations can not continue and is not a definitive cure for the economy and is just a painkiller.
The world's big investors are buying valuable goods like gold to save themselves in the future.
Tensions in the Middle East, the Russia-Ukraine dispute, and US intervention could also push up energy prices.
XAUUSD
BTCUSDT
NAS100USD
DJI
DXY
Given the turbulent situation in the US stock markets, it can understand that the US economy is sick.
Economic data from the unfavorable situation in the inflation sector can also have adverse effects on the economy.
Therefore, one of the tools to control inflation is to use leverage to increase and decrease interest rates. It seems that the United States should use this tool, and we will see an increase in interest rates in the future.
Then we will see the possibility of a growth of the dollar index and a decrease in the price of gold.
But these fluctuations can not continue and is not a definitive cure for the economy and is just a painkiller.
The world's big investors are buying valuable goods like gold to save themselves in the future.
Tensions in the Middle East, the Russia-Ukraine dispute, and US intervention could also push up energy prices.
XAUUSDBTCUSDTNAS100USDDJIDXY
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.