#GoldRisesAbout14%InAugust
đ USD WEAKNESS IS BACK â GOLD IS BENEFITINGđđ
The US dollar is under pressure, and gold is gaining as traders reassess the macro outlook.
3 factors to watch:
1ïžâŁ Dollar policy â Expectations around US monetary and trade policy are weighing on the greenback.
2ïžâŁ Treasury markets â Changing demand for US debt can influence both yields and the dollar.
3ïžâŁ Central-bank diversification â Continued gold buying is keeping the de-dollarization narrative alive.
đ Gold remains the standout:
Gold gained strongly in August, while tokenized gold such as $PAXG and $XAUT continues to track the broader move.
âż 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.
đ 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
đ USD WEAKNESS IS BACK â GOLD IS BENEFITINGđđ
The US dollar is under pressure, and gold is gaining as traders reassess the macro outlook.
3 factors to watch:
1ïžâŁ Dollar policy â Expectations around US monetary and trade policy are weighing on the greenback.
2ïžâŁ Treasury markets â Changing demand for US debt can influence both yields and the dollar.
3ïžâŁ Central-bank diversification â Continued gold buying is keeping the de-dollarization narrative alive.
đ Gold remains the standout:
Gold gained strongly in August, while tokenized gold such as $PAXG and $XAUT continues to track the broader move.
âż 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.
đ 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
