#GoldRisesAbout14%InAugust
💛 USD WEAKNESS IS BACK — GOLD IS BENEFITING👀👀
The US dollar is under pressure, and gold is gaining as traders reassess the macro outlook.
3 factors to watch:
1️⃣ Dollar policy — Expectations around US monetary and trade policy are weighing on the greenback.
2️⃣ Treasury markets — Changing demand for US debt can influence both yields and the dollar.
3️⃣ Central-bank diversification — Continued gold buying is keeping the de-dollarization narrative alive.
🏆 Gold remains the standout:
Gold gained strongly in August, while tokenized gold such as $PAXG and $XAUT continues to track the broader move.
₿ The crypto connection:
A weaker dollar can also influence Bitcoin and Ethereum through liquidity and risk appetite, but crypto doesn't automatically move with gold.
👀 Big level to watch: Can continued DXY weakness keep gold's rally going?
$USDC $DXYZ.US $GOLD.US $PAXG $BTC $ETH
#USD #DXY #Gold #PAXG #Bitcoin #Macro #DeDollarization #DigitalGold
💛 USD WEAKNESS IS BACK — GOLD IS BENEFITING👀👀
The US dollar is under pressure, and gold is gaining as traders reassess the macro outlook.
3 factors to watch:
1️⃣ Dollar policy — Expectations around US monetary and trade policy are weighing on the greenback.
2️⃣ Treasury markets — Changing demand for US debt can influence both yields and the dollar.
3️⃣ Central-bank diversification — Continued gold buying is keeping the de-dollarization narrative alive.
🏆 Gold remains the standout:
Gold gained strongly in August, while tokenized gold such as $PAXG and $XAUT continues to track the broader move.
₿ The crypto connection:
A weaker dollar can also influence Bitcoin and Ethereum through liquidity and risk appetite, but crypto doesn't automatically move with gold.
👀 Big level to watch: Can continued DXY weakness keep gold's rally going?
$USDC $DXYZ.US $GOLD.US $PAXG $BTC $ETH
#USD #DXY #Gold #PAXG #Bitcoin #Macro #DeDollarization #DigitalGold
