Key Macro Charts: Will gold face a roller coaster market? (2024/10/15)

JIN10
2024.10.15 14:25
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This issue of "Macro Must-See Charts" analyzes the correlation between US bond yields and the US dollar, pointing out that the decline in short-term yields may have a significant impact on the dollar. Gold extraction volume rebounded in September, expecting a wave of increase, but caution is needed against price pullback risks. Analysts believe that the price of gold is already far above the 200-week moving average, and may face long-term consolidation or a sharp pullback to $2450 in the future