Gold Forecast: Stable Above $3,300 After Ceasefire, Fed Signals
The gold forecast remains broadly bullish with a few corrective jitters due to the ceasefire. The Fed Chair’s wait-and-watch policy weighs on gold’s uptrend. Market participants are eyeing key US data and the second round of Powell’s testimony. Gold prices are consolidating above the $3,300 mark after retreating to a 2-week low earlier this week.... The post Gold Forecast: Stable Above $3,300 After Ceasefire, Fed Signals appeared first on Forex Crunch.
The gold forecast remains broadly bullish with a few corrective jitters due to the ceasefire. The Fed Chair’s wait-and-watch policy weighs on gold’s uptrend. Market participants are eyeing key US data and the second round of Powell’s testimony. Gold prices are consolidating above the $3,300 mark after retreating to a 2-week low earlier this week....
The post Gold Forecast: Stable Above $3,300 After Ceasefire, Fed Signals appeared first on Forex Crunch.
