As middle east war remain in uncertainty and Syria President's Assad knocked down, also Russia - Ukraine potentially cause more intentions, investors looking for safe haven assets like GOLD. We also must remember that Trump Supply Side Economic will take control again and it gives optimism in US macro-economic conditions. Inflation currently in path to go down 2.00% but Trump second era would potentially increase inflation for a longer projection. Although now investor and traders in CME bet 86% for FED Cut Rate this month and this is something that makes GOLD moves higher
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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.