Given the fact that we are at an all-time high price, our modeling is such that the price will have a downward trend until the announcement of interest rates this month by the Federal Reserve. Given the possibility of increasing the rate of Tapering and after its completion, start raising interest rates to curb inflation
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.