Hello everyone! Today i want to share some macro analysis with you!
Following the release of the U.S. ISM Non-Manufacturing PMI, which was clearly another broad-based positive for gold, the U.S. Dollar Index (DXY) plummeted 0.57% to 98.991. The overall market sentiment has now undergone a dramatic reversal. $Gold - main 2612(GCmain)$$XAU/USD(XAUUSD.FOREX)$
H1 Chart: The candlestick chart shows a pattern of several consecutive large bullish candles shooting up like bamboo shoots, with virtually no significant pullback. The price has now reached a high of $4,510.79. Breaking through the 4,500 level signifies that the medium-term bullish trend in the market has been firmly established!
Macro Trend
Monetary policy, various types of price indices... Here is everything about the macro economy!
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