After the recovery period, gold continued to increase
According to experts, world gold prices suddenly increased sharply due to recent positive inflation data and the weakening of the USD. There is a high possibility that the gold price has run ahead of the news of the meeting minutes of the US Federal Reserve (Fed) announced tomorrow morning.
Market signals show that it is almost certain that the Fed will keep interest rates unchanged at the policy meeting and may maintain them at 5.25% - 5.5% until June next year.
However, experts also warn that because the gold price has run ahead of the news of the Fed's meeting minutes, there is a possibility that gold will be subject to profit-taking when the information is announced by the Fed, leading to a decline back to the area of 1,980 USD/ounce.
Market signals show that it is almost certain that the Fed will keep interest rates unchanged at the policy meeting and may maintain them at 5.25% - 5.5% until June next year.
However, experts also warn that because the gold price has run ahead of the news of the Fed's meeting minutes, there is a possibility that gold will be subject to profit-taking when the information is announced by the Fed, leading to a decline back to the area of 1,980 USD/ounce.
Commento:
running 20 pips
Commento:
running 110 pips
Commento:
We will continue the price fluctuations today
Commento:
Unemployment Claims news tonight
Commento:
The market doesn't seem to fluctuate much
Commento:
hit entry
Commento:
Bank holiday bull market
Commento:
Please continue to follow XAU's direction, everyone
Commento:
Gold is running very slowly waiting for news tonight
Commento:
We have PMI news tonight
Free Signals : t.me/mastercurrencyforex
TP1: 2007
TP2: 2014
SL: 1982