High Oil Prices will Force the Federal Reserve to Adopt a More Aggressive Interest Rate Policy

XAUUSD Gold Traders
09-10

Hello everyone! Today i want to share some macro analysis with you!

Following the U.S. military strike on Iranian oil tankers, Brent crude briefly approached the $100 mark. In the past, an escalation of war has often been a direct positive for gold; however, against the current backdrop of monetary tightening, the surge in oil prices has intensified market fears of a global “reflation.”

Investors have realized that high oil prices will force the Federal Reserve to adopt a more aggressive interest rate policy.

This has caused the U.S. dollar to rise and gold to continue falling. The key support level is currently at 4,375; if this level cannot be held, gold will continue to seek support at 4,350! Short-term sell positions continue to generate profits! $XAU/USD(XAUUSD.FOREX)$$Gold - main 2612(GCmain)$

Macro Trend
Monetary policy, various types of price indices... Here is everything about the macro economy!
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