The Fed’s tightening cycles ended in April, and gold reached its highest level since April. But, the Fed may become more dovish by 2023. This encourages buyers to close long trades. Let’s discuss this topic and create a trading plan.
Weekly fundamental forecast for gold
Investors will often draw historical parallels. The 6-week rally in gold, which was the best January since 2012, saw a more than 5% increase. It reminded many of 2020’s summer. At that time, following nine weeks of continuous growth, the precious metal reached an all-time high at $2,069.4… Read full author’s opinion and review in blog of #LiteFinance