XAUUSD are gonna take direction?
let's focus gold at this moument
fed are confirm about to raise interest rate bc of the inflation and a hidden reason is a toxic asset in thier balance sheet.
fed are gonna tapering anyways .in fact it's will make impact to the market for sure bc long time since 2008's they are never really stop the QE
that's why the S&P500 are going up even the covid are not dissapear and the real economic are stuck.
i predict the way situation to happen by 4 way (it's also can be other way apart my idea too)
1. XAUUSD are going down by inflation are decrease after fed raise interest rate.
2. XAUUSD are goin up by inflation are the same as when fed not raise interest(interest help nothing)
3. XAUUSD also can going down too if the another asset are give a good reward(impact from raise interest)
for investor more than gold(gold are good to hedge your portfolio but it's can't give you divident, interest)
4. XAUUSD are not going any direction ,only sideway from the uncertainty of the market and economics
all the reason from my 4 ways ,you can doing research for it. i will not explain it. you should do your own homework.
for speculator you must focus this moument and keep following the action from fed closely
fed are confirm about to raise interest rate bc of the inflation and a hidden reason is a toxic asset in thier balance sheet.
fed are gonna tapering anyways .in fact it's will make impact to the market for sure bc long time since 2008's they are never really stop the QE
that's why the S&P500 are going up even the covid are not dissapear and the real economic are stuck.
i predict the way situation to happen by 4 way (it's also can be other way apart my idea too)
1. XAUUSD are going down by inflation are decrease after fed raise interest rate.
2. XAUUSD are goin up by inflation are the same as when fed not raise interest(interest help nothing)
3. XAUUSD also can going down too if the another asset are give a good reward(impact from raise interest)
for investor more than gold(gold are good to hedge your portfolio but it's can't give you divident, interest)
4. XAUUSD are not going any direction ,only sideway from the uncertainty of the market and economics
all the reason from my 4 ways ,you can doing research for it. i will not explain it. you should do your own homework.
for speculator you must focus this moument and keep following the action from fed closely
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