What's going on in the market? We have collected some of the most important news and events that could affect your trading in the near future.
The Fed Is Becoming Not So Hawkish. Can Gold Reach the Top Price?
Investors have seen the Fed as very hawkish in the past 12 months, which has looked less so in the past month.
The financial sector in the US and several regions is undergoing a true stress test.
The Fed's implied Fed Funds Target Rate for 2023 drops by a sizeable distance relative to current conditions, suggesting a more dovish tone.
From a technical point of view, the price of gold is between 1,940 - 2,000 USD per troy ounce, forming a Symmetrical Triangle pattern.
An upward break of this pattern could signal a potential continuation to the range 2,040 - 2,065 USD per troy ounce.
Conversely, if the gold price breaks below this pattern, there is an opportunity to test the previous support area at the range 1,870 - 1,900 USD per troy ounce.
We will keep you informed about current market trends and their drivers. Stay tuned for more updates in the future
The Fed Is Becoming Not So Hawkish. Can Gold Reach the Top Price?
Investors have seen the Fed as very hawkish in the past 12 months, which has looked less so in the past month.
The financial sector in the US and several regions is undergoing a true stress test.
The Fed's implied Fed Funds Target Rate for 2023 drops by a sizeable distance relative to current conditions, suggesting a more dovish tone.
From a technical point of view, the price of gold is between 1,940 - 2,000 USD per troy ounce, forming a Symmetrical Triangle pattern.
An upward break of this pattern could signal a potential continuation to the range 2,040 - 2,065 USD per troy ounce.
Conversely, if the gold price breaks below this pattern, there is an opportunity to test the previous support area at the range 1,870 - 1,900 USD per troy ounce.
We will keep you informed about current market trends and their drivers. Stay tuned for more updates in the future
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.