Gold Price Forecast: XAU/USD looks to reclaim $2,050 of key top-tier US data
Gold price is attempting a bounce toward $2,050 early Tuesday, following a massive $120 pullback from fresh record highs of $2,144 set in Monday’s Asian trading.
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Gold price is attempting a bounce toward $2,050 early Tuesday, following a massive $120 pullback from fresh record highs of $2,144 set in Monday’s Asian trading.
Gold price is consolidating the sharp pullback from fresh record highs of $2,144 reached in early Asia on Monday.
Yesterday's closing headline and most condensed recap of Powell's press conference was simply: "data dependence continues."  Indeed it does!  This morning's economic data came out resoundingly stronger with all four reports beating forecasts--rather significantly in at least 2 cases.  A slightly dovish read on the European Central Bank announcement helped bonds hold their ground with minimal losses earlier in the morning, but after Lagarde's press conference ended, the selling snowball is rolling. &...
Investors in the American stock market remain optimistic by buying American securities. They and big business seem to have adjusted to high interest r
The Fed’s best measure of the chances of a recession is flashing red, but it’s not clear whether central bank board members will agree to halt interest rate rises.