4 potential gold market moves next week (technical analysis breakdown)
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Hello, fellow traders! Gold had quite the week. With inflation data coming in cooler than expected and the Fed dropping the bomb that no interest rate cuts are coming until at least September, spot gold has been on a wild ride. We started the week at ~$2,300 per ounce. During mid-week trading, prices peaked at $2,331 but then dipped down to $2,295 before bouncing back.
4 potential gold market moves next week (technical analysis breakdown)
4 potential gold market moves next week…
4 potential gold market moves next week (technical analysis breakdown)
Hello, fellow traders! Gold had quite the week. With inflation data coming in cooler than expected and the Fed dropping the bomb that no interest rate cuts are coming until at least September, spot gold has been on a wild ride. We started the week at ~$2,300 per ounce. During mid-week trading, prices peaked at $2,331 but then dipped down to $2,295 before bouncing back.