Gold Rises 0.73% Driven by U.S. Inflation Data
January 15th was a positive session for gold, with prices rising 0.73% following the release of U.S. inflation data. Investors expect more aggressive rate cuts from the Federal Reserve, which could weaken the dollar. On the intraday XAUUSD chart, a steady upward trend is evident throughout the day, with a notable pullback during the Wall Street opening. However, this dip was short-lived, triggering a rebound that pushed gold to weekly highs.
MY FREE copytrading : t.me/tradingconjoel
Mentorship 1-1: whatsapp.com/channel/0029Vb1n3NtIyPtUYP7AST3h
My Broker: vantagemarkets.com/forex-trading/forex-trading-accoun
Mentorship 1-1: whatsapp.com/channel/0029Vb1n3NtIyPtUYP7AST3h
My Broker: vantagemarkets.com/forex-trading/forex-trading-accoun
MY FREE copytrading : t.me/tradingconjoel
Mentorship 1-1: whatsapp.com/channel/0029Vb1n3NtIyPtUYP7AST3h
My Broker: vantagemarkets.com/forex-trading/forex-trading-accoun
Mentorship 1-1: whatsapp.com/channel/0029Vb1n3NtIyPtUYP7AST3h
My Broker: vantagemarkets.com/forex-trading/forex-trading-accoun
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.