Will gold recover?

Moon-Traderfx Updated   
TVC:GOLD   CFDs on Gold (US$ / OZ)
Gold prices (XAU/USD) recovered recent losses after falling to a weekly low of $1,913 in early Asian trade on Friday. At the time of writing, XAU/USD was up 0.08% on the day at $1,921.62.

During a press conference Wednesday, Federal Reserve Chairman Jerome Powell reiterated the Fed's commitment to achieving 2% inflation. Powel added that the Fed is ready to raise interest rates if necessary.

According to the Fed's latest quarterly forecast, the benchmark overnight interest rate could be raised again this year to a high of 5.50% to 5.75%, and rates could be tightened significantly more for by 2024 compared to previous estimates.
Your choice of depositing intermediary bank AS membuat pelaku pasar menghindari risiko. Saham-saham AS jatuh, imbal hasil Treasury AS melon and greenback tetap kuat di atas ambang batas 105.00.

Let Jerome Powell and your manager think you can hit the maximum federal funds rate (FFR) in 2024 with a 44.6% gain which is 5.1% above your growth. Meskipun para pengambil kebijakan memperkirakan suku bunga akan naik sebesar 25 basis points pada akhir tahun, pelaku pasar tetap skeptis terhadap kenaikan suku bunga pada bulan November, namun tidak terlalu besar pada bulan Desember. Kenaikan sebesar 25 bps pada bulan November adalah 26.3%, sedangkan pada bulan December adalah 38.4%. .
Gold prices fell for the third consecutive session on Thursday. This drop comes amid shrinking open interest and is a sign that a deeper pullback appears to be unpopular for the time being. That said, a. A near-term recovery may be imminent with the immediate target being the weekly high at $1,947/troy ounce (September 20).
SCENE FOR SALE 1928-1930

SL: 1935

TP1: 1923
TP2: 1917
Trade active:
PLAN SELL: Running +20pip✅✅✅
Trade active:
PLAN SELL: Running +50pip✅✅✅
Kitco News' latest weekly Gold Survey finds market analysts divided between bullish and neutral, while retail investors expect a breakout to the upside or downside from the close trading range This.

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