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Human_Fenrir

Following the Fed's comments, gold experienced a decline.

CFDs on Gold (US$ / OZ) (TVC:GOLD)  
Human_Fenrir Updated   
TVC:GOLD   CFDs on Gold (US$ / OZ)
Trend Analysis Fundamental Analysis Beyond Technical Analysis XAUUSD xauusdshort xauusdlong xauusdbuy xauusdupdates xauusdsignal xauusdsell xauusdforecast xauusdidea
165
43
trendanalysis fundamental beyondta xauusd xauusdshort xauusdlong xauusdbuy xauusdupdates xauusdsignal xauusdsell xauusdforecast xauusdidea

Gold prices saw a decline as the US dollar gained strength and bond yields rose following comments from the Federal Reserve.

Neel Kashkari, the President of the Federal Reserve Bank of Minneapolis, stated in a speech on Monday evening that he anticipates at least one interest rate hike in 2023, with the possibility of rates remaining elevated until 2024.

These remarks mirrored statements made by Federal Reserve Chair Jerome Powell in the previous week. Powell mentioned that persistent inflation and a tightening labor market might lead to another interest rate increase later this year. Powell also tempered expectations of a significant interest rate cut in the coming year, with the Fed's target rate expected to stay above 5% through 2024.
Comment:
The market is moving in the right direction. wonderful, excellent, wonderful
Comment:
has hit the first TP
Comment:
My opinion is too accurate. field of view at right angle

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