Overnight market review (April 22): Gold futures prices rose slightly at midday in Asian markets on Friday, but as U.S. bond yields continued to strengthen, gold prices may fall for the first time in three weeks.
“Rising interest rates will obviously have an impact on gold’s outlook, but until gold prices solidly break out of the $1,930-$2,000 trading range…gold really has little direction,” the market said. U.S. open: U.S. stock futures down , Dow futures fell more than 100 points, the Fed will tighten monetary policy expectations continued to dampen investor sentiment.
Trading strategy deployment: It is recommended to go short at a high level.
All transactions involve risks, the above analysis is for reference only. When placing an order, be sure to set the lot size and remember to set the stop loss.
