Spot gold has been resisted at its 200-day SMA recently, and has printed an "inside bar". The incoming US retail sales data could inject more immediate volatility, even as the Middle East conflict continues reverberating across markets.
Escalating tensions in the Middle East over the weekend triggered risk aversion, sending investors rushing toward safe-haven assets with gold prices gapping over $20 at market open.
How markets might react to a US government shutdown?
Here's how the US dollar, gold, and US stock indexes may perform if the US government stays offline for an extended period, which in turn could potentially prevent one more Fed rate hike.
Spot gold has been resisted at its 200-day SMA recently, and has printed an "inside bar". The incoming US retail sales data could inject more immediat...
XAUUSD
Gold
retail sales
Fed rate hikes
Middle East
Escalating tensions in the Middle East over the weekend triggered risk aversion, sending investors rushing toward safe-haven assets with gold prices g...
Here's how the US dollar, gold, and US stock indexes may perform if the US government stays offline for an extended period, which in turn could potent...
US government shutdown
Federal Reserve
rate hikes
Recession
USD
Gold
indices
Stocks