The USD index in yesterday`s consultation became to upward push above the 105.00 threshold, displaying that the healing of the USD is gaining momentum. Therefore, in modern consultation it's miles predicted that the uptrend can be maintained.
This is probably one of the reasons why gold has dropped sharply in recent days.
Personally, I am concerned that there is a high possibility that the FED will not reduce interest rates in the coming months.
If interest rates are cut, it will be around the end of the year
along with political tensions between countries becoming increasingly silent
Gold is likely to return to test the 2300 zone
This is probably one of the reasons why gold has dropped sharply in recent days.
Personally, I am concerned that there is a high possibility that the FED will not reduce interest rates in the coming months.
If interest rates are cut, it will be around the end of the year
along with political tensions between countries becoming increasingly silent
Gold is likely to return to test the 2300 zone
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