TNTFINANCES

TNTFINANCES

The price of gold can fall for various reasons, and the specific causes of today's decline may include several factors: Rising U.S. Dollar (DXY): Since gold is priced in U.S. dollars, a stronger dollar makes gold more expensive for investors using other currencies, reducing demand. If the DXY (U.S. Dollar Index) is rising today, it can put downward pressure on...

TNTFINANCES

XAU has a POSSIBLE move downtrend, careful with XAU positionings since XAU has violent moves. In that case remember you can trade XAG instead. Keep in mind prices have a huge impact depending on the instrument you trade with.