$XAU The key drivers of pricing remain U.S. Treasury yields and rate-cut expectations.
The current rebound is driven by short-term buying as the market bets on rate cuts.
Until there is a material positive catalyst in the fundamentals, most capital will remain focused on short-term trading.
If upcoming data comes in hawkish, long-term capital outflows will continue to weigh on prices.#Evernorth纳斯达克首日收跌1.05%
The current rebound is driven by short-term buying as the market bets on rate cuts.
Until there is a material positive catalyst in the fundamentals, most capital will remain focused on short-term trading.
If upcoming data comes in hawkish, long-term capital outflows will continue to weigh on prices.#Evernorth纳斯达克首日收跌1.05%