XAU price today December 18, 2023 lacks upward momentum
Most investors expect gold prices to continue to increase in the near future, while market analysts have a more cautious view.
It is forecasted that in the coming time, gold prices may decrease due to the undue impact of expectations that the US Federal Reserve (Fed) will lower interest rates early next year. The US Central Bank will not cut interest rates anytime soon.
The gold market is lacking many motivating factors to continue increasing prices from now until the new year. Gold buying momentum seems to be exhausted.
It is forecasted that in the coming time, gold prices may decrease due to the undue impact of expectations that the US Federal Reserve (Fed) will lower interest rates early next year. The US Central Bank will not cut interest rates anytime soon.
The gold market is lacking many motivating factors to continue increasing prices from now until the new year. Gold buying momentum seems to be exhausted.
Comentarios:
running + 100 pips
👉 Free Signals Everyday: t.me/SantaTradeProInsightsFX
👉 Support 24/7 and More
👉 Join the group to profit every day.
👉 @bellatrader_2509
👉 Support 24/7 and More
👉 Join the group to profit every day.
👉 @bellatrader_2509
Ideas relacionadas
SL 2031
TP 2000
TP2 2019