Indices and commodities
#GOLD
Short
Active
GOLD | Drops to Late-March Lows as Inflation Fears Dominate for OANDA:XAUUSD by SroshMayi
TradingView
GOLD
Indices and commodities
Active
Current price
4560.99
USD
PNL
-0.01%
4560.99 USD
Stop Loss
0.51%
4583.62 USD
Take Profit
0.51%
4537.10 USD
Rationale
TradingView idea: GOLD | Drops to Late-March Lows as Inflation Fears Dominate for OANDA:XAUUSD by SroshMayi
TradingView symbol: XAUUSD
GOLD | Drops to Late-March Lows as Inflation Fears Dominate
Gold has fallen to around $4530, its lowest level since late March, as escalating Middle East tensions continue to drive oil higher and fuel inflation concerns, pressuring bullion through rising rate expectations.
Despite ongoing central bank buying, the short-term structure remains under pressure.
Technically:
As long as price trades below 4570, bearish momentum remains active toward 4537, with further downside toward 4500.
A …
Key details
- Ticker
- GOLD
- Asset class
- Indices and commodities
- Direction
- Short
- Status
- Active
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