Gold prices are currently still moving above the $2400 price level, in uncertainty ahead of the release of the New York Manufacturing Index and Federal Reserve Chairman Jerome Powell's speech at the Economic Club of Washington DC.
Recently, the US was shocked by the news that the Trump campaign team experienced a shooting incident that caused his right ear to bleed and killed a spectator. The shooter was shot dead by the Secret Service.
Last week the price of gold drew a bearish candlestick with a long wick at the bottom of the candle, reflecting the price falling in the face of high buyer pressure so the wick is longer than the body of the candle.
Monday's economic schedule that may be of interest to investors is the New York Manufacturing Index which surveys 200 New York state manufacturers to measure the relative level of general business conditions, a value above 0.0 indicates the economy is improving, and below 0.0 indicates conditions are worse improvement.
Fed Chair Jerome Powell's speech at the Economic Club of Washington DC attracted investors' attention in hopes that audience questions would receive hawkish or dovish answers regarding interest rate policy.
Recently, the US was shocked by the news that the Trump campaign team experienced a shooting incident that caused his right ear to bleed and killed a spectator. The shooter was shot dead by the Secret Service.
Last week the price of gold drew a bearish candlestick with a long wick at the bottom of the candle, reflecting the price falling in the face of high buyer pressure so the wick is longer than the body of the candle.
Monday's economic schedule that may be of interest to investors is the New York Manufacturing Index which surveys 200 New York state manufacturers to measure the relative level of general business conditions, a value above 0.0 indicates the economy is improving, and below 0.0 indicates conditions are worse improvement.
Fed Chair Jerome Powell's speech at the Economic Club of Washington DC attracted investors' attention in hopes that audience questions would receive hawkish or dovish answers regarding interest rate policy.