GOLD: What's Going on Next?
Hello everyone! Today i want to share some macro analysis with u!
1.
In early Asian trading on Monday (23 December), gold was narrowly oscillating, currently trading near $2,622.13. Gold prices jumped nearly $ 30 on Friday, supported by the dollar and U.S. bond yields weakened, after the U.S. economic data showed a slowdown in inflation, but the Fed's hawkish interest rate outlook so that the gold price is expected to record weekly losses, in addition, a number of Fed officials spoke in favour of slowing down next year's interest rate cuts in part, still making the gold bulls have some concerns. $Gold - main 2502(GCmain)$ $XAU/USD(XAUUSD.FOREX)$
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