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US data continues to show signs of slowing down with today's PCE print likely to fuel rate cut expectations. Gold advances toward key resistance area.
The ECB projections will hold the key in the week ahead as market participants still price in 125bps of rate cuts in 2024. Can the Central Bank arrest the Euros slide?
Gold remains delicately poised as Silver breakout hints at further upside. Oil on the other hand will be driven by the postponed OPEC+ meeting. Will OPEC+ announce further cuts?
US Business activity remained steady in November but employment in the private sector declined for the first time in almost three-and-a-half years. A sign of things to come?
Gold and Silver enjoyed an excellent week but now faces technical hurdles to start the new week. Will US data help the metals overcome their challenges and keep the bullish rally alive?