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Jul 23 - 04:55 AM
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Gold - Rally May Change The Thai Baht's Fortunes
By Jeremy Boulton — Jul 23 - 02:44 AM
• Thai baht rallied alongside gold between Apr 2025 and Jan 2026
• Baht fell with gold after it hit its record peak near $5600/oz
• Potential base for gold forming around $4000/oz
• USD/THB rally is stretched ad big topside levels loom
• Limit for correction Apr-Jan drop is 34.11, 200-WMA 34.15
•
USD/THB
(Jeremy Boulton is a Reuters market analyst. The views expressed
are his own)
Source:
London Stock Exchange Group | Thomson Reuters