Gold Price Recap – March 10, 2568

by Archynetys Economy Desk

Gold price trend
Short -term decline

  • Gold fell (-$ 9.44).
    May slow down interest Among the US shutdown

Gold spot
Maximum – 3,896 dollars
Minimum – 3,820 dollars

Gold price
Maximum – 59,450 baht
Minimum – 58,300 baht

Past movement
The world gold has been shortened. Due to the dollar index (DXY), it was recovered on Thursday after 4 consecutive days, due to Mrs. Lori Logan, the Fed President of the Fed Branch, said that the Fed Committee should be cautious in reducing additional interest rates. Because inflation remains higher than the Fed’s goals for more than 4 years, while the Supreme Court Allowing Mrs. Lisa Prison, the Fed Governor, can continue to hold the position. Which the court will come back to consider this case again in January In addition, Mr. Scotch Base St., Minister of Finance, US Treasury Spoke of trade between China – the United States, which shows the major progress in the round of negotiations between President Trump -Por. Si Jinping in the top of the South Korean leader at the end of October. The closing of government agencies or shutdowns may affect the US economic growth. And the impact on American workers While the US Senate There will be a meeting to vote for a temporary budget law today. To avoid the shutdown that is entering the 3rd day. The SPDR fund sells 3.15 tons of gold.
Net 1,015.74 ton

Economic numbers that must be followed
At 21.00 hrs. Follow the United States. Revealed the ISM ISM service index, while the unemployment rate and non -agricultural employment in September will not reveal numbers. Because the United States Shutdown

Analyze gold price
Last night The world gold has tested the support of 3,820 dollars and later recovered.
Therefore assessed that The world gold has the opportunity to test the resistance of 3,870 and 3,880 dollars, but if the world gold is dropped in the next 3,800 dollars, the world may enter the downtrend.

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World gold price
Front: 3,820 and 3,800 dollars
Resistance: 3,870 and 3,880 dollars

The world gold is in the short -term adjustment distance. Therefore recommends using strategies to collect from the support line
At the level of 3,820 dollars and selling profits. If the price rises to test the resistance at 3,870 dollars, but if the price is dropped at 3,800 dollars, it is recommended to sell and cut off.

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Gold price 96.5%
Front: 58,800 and 58,600 baht
Resistance: 59,400 and 59,500 baht

Gold prices in the country accept the base of the world. While the Sideway Thai baht recommends
Buy a support line at the level of 58,800 baht and sell profit. If the test price is 59,400 baht, but if the price dropped at 58,600 baht

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