VIP Analysis report 30/07/2021 by Peter Cruz

Mr. Peter

Anggota Staf
Analyst: Peter Cruz

Market Brief

Gold consolidates the heaviest daily and weekly gains since early May. Market sentiment sours as virus concern escalates, progress over US stimulus ignored, US dollar shrugs off Treasury yield pullback to rebound from monthly low ahead of Core PCE Price Index. Gold bears will have to be patient and await a break below 100-day SMA at $1,796. Meanwhile, we could be in a trading range between 1832 to 1792.

On the data slate there’s German GDP; Switzerland Leading Indicator; Euro-Zone CPI; Euro-Zone GDP; Euro-Zone Unemployment Rate; US Core Personal Consumption Expenditures – Price Index; US Personal Income; US Employment Cost Index; US Personal Spending; US Chicago Purchasing Managers’ Index; US Michigan Consumer Sentiment Index and US Baker Hughes US Oil Rig Count.
(a) Precious Metals Market

Untuk melihat konten, Anda perlu Masuk atau Daftar .

Invesment Trade Calculator