Gold accelerated declines

By X-blogger - on June 10, 2024

Gold accelerated declines after a stronger-than-expected U.S. jobs report doused expectations for U.S. interest rate cuts this year, adding to bearish sentiment driven by data showing top consumer China held off on bullion purchases in May.

The Gold-Dollar pair dove 3.4% in the last session. The CCI points to an oversold market.
Support: 2344.2851 | Resistance: 2394.2351

  • Enjoy our regulated platform

    • Write a comment

    Your email address will not be published. Required fields are marked *

    No comments yet, Be the first!
    Special Offer
    First Deposit Bonus

    First Deposit Bonus | Phone Verification | First Trade on us | Account Verification

    Cash Back Bonus

    As a valued client, you can earn 'mileage points', from your trading volume.

    Become an Xtrade VIP

    Become an Xtrade VIP. For our VIP members, we go the extra mile with.