Where to for XAUUSD ?
Updated
1)U.S. inflation hit a four-year high of 7.5% in January, exceeding market expectations.
2)Fed officials made hawkish remarks, reinforcing the case for a 50 basis point rate hike in March.(Is gold about to fall in the Fed's rate hike cycle? Obviously it is not going to happen)
3)The dollar may have more upside amid rising inflation and wage pressures.
2)Fed officials made hawkish remarks, reinforcing the case for a 50 basis point rate hike in March.(Is gold about to fall in the Fed's rate hike cycle? Obviously it is not going to happen)
3)The dollar may have more upside amid rising inflation and wage pressures.
Note
Only after the disruption of order will there be new opportunities! All have to be alert to the outbreak of war.Trade active
Prices have risen as expected. May there be peace in the world!
Trade active
Trade closed: target reached
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