{"id":328629,"date":"2024-06-22T01:47:23","date_gmt":"2024-06-21T20:17:23","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=328629"},"modified":"2024-06-22T01:47:23","modified_gmt":"2024-06-21T20:17:23","slug":"precious-metals-hold-gains-across-the-complex-tds-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/precious-metals-hold-gains-across-the-complex-tds-crypto-news\/","title":{"rendered":"Precious metals hold gains across the complex \u2013 TDS &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div id=\"fxs_article_content\">\n<p>Precious metals have held gains despite the uncertainty surrounding Federal Reserve (Fed) policy.\u00a0Top traders on the Shanghai Futures Exchange (SHFE) continue to hold large positions in Gold (XAU\/USD) and Silver (XAG\/USD), while inflows continue into Chinese Gold ETFs, TDS strategists say.<\/p>\n<h2 class=\"fxs_headline_medium\">Gold turns lower, Palladium faces short covering<\/h2>\n<p>\u201cMacro investors have remained underpositioned in the Yellow Metal relative to a typical cutting cycle and macro traders seem to be happy waiting on the sidelines until there is more certainty on the timing of the coming <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/macroeconomics\/central-banks\/fed\" data-fxs-autoanchor=\"\">Fed<\/a> cuts. Ater a brief period of slight gains in Gold ETF holdings, the trend has started to ease lower once again.\u201d<\/p>\n<p>\u201cElsewhere, a bout of tightness and concern on sanction risk has sparked some likely short covering from the bloated money manager shorts in Palladium. Today&#8217;s price action though is making short covering from this cohort more likely, with a handful of key triggers within the $968\/oz &#8211; $973\/oz range.\u201d<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Precious metals have held gains despite the uncertainty surrounding Federal Reserve (Fed) policy.\u00a0Top traders on the Shanghai Futures Exchange (SHFE) continue to hold large positions in Gold (XAU\/USD) and Silver (XAG\/USD), while inflows continue into Chinese Gold ETFs, TDS strategists say. Gold turns lower, Palladium faces short covering \u201cMacro investors have remained underpositioned in the [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":7217,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[299,201,248,251,246,351,257,11348,484,255,250,252,247,253,249,671,256,254],"class_list":["post-328629","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-banks","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-commodities","tag-cryptocurrency","tag-etf","tag-gold","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-silver","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/328629","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=328629"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/328629\/revisions"}],"predecessor-version":[{"id":328630,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/328629\/revisions\/328630"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/7217"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=328629"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=328629"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=328629"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}