Page 4 - முன்னறிவிப்பு போல் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Following 7/23/2021 8:02:37 PM GMT Gold closed near the lower limit of the weekly channel. Additional losses are likely if XAU/USD breaks below the 100-day SMA. FOMC meeting and US Q2 GDP data highlight next week’s economic calendar. Following a four-week winning streak, the XAU/USD pair struggled to make a decisive move in either direction and fluctuated between key technical levels. After rising above $1,820 on Tuesday, gold turned south in the second half of the week but managed to close the week a little above the key 100-day SMA, which is currently located at $1,796. What happened last week In the absence of high-tier macroeconomic data releases and fundamental developments, risk perception remained the primary market driver earlier in the week. The sharp decline witnessed in Wall Street’s main indexes on Monday and Tuesday allowed the greenback to find demand. However, gold also capitalized on risk-off flows, suggesting that the precious

United statesJerome powellChris williamsonUs department of laborEuropean central bankUniversity of michigan uoUs bureau of economic analysisWall streetExisting home salesChief business economistJune durable goodsConference boardConsumer confidenceConsumer sentiment indexInterest rate decisionMonetary policy