Gold:
Following
weakening of USD, gold price has been riding on uptrend since early of
2018. It hit one year peak ~ 1358 last week. Next resistance would be ~
1377 which is three years peak. Shall this be broken, more upside could
be coming.
Gold ETF (NYSE: IAU)
Market Calendar on coming week:
Next
week, the most important event will be the Fed monetary policy
decision. Other key data include: the US nonfarm payrolls, ISM
Manufacturing PMI, personal spending and factory orders; the Eurozone GDP growth, inflation and
unemployment; Japan unemployment; China manufacturing PMIs;
(SG: Singapore; CH: China; US: USA).
No comments:
Post a Comment