The market is expecting an 84.9% chance that the Fed will cut by 25 basis points at its November meeting.
Some other experts also expect gold prices to continue to rise in the coming time due to global economic and geopolitical instability. Despite the pressure from fluctuating US interest rates and geopolitical tensions, the precious metal remains a safe choice for long-term investors.
Some other experts also expect gold prices to continue to rise in the coming time due to global economic and geopolitical instability. Despite the pressure from fluctuating US interest rates and geopolitical tensions, the precious metal remains a safe choice for long-term investors.
Note
XAUUSD sell 2643-2645TP1: 2634
TP2: 2626
TP3: OPEN
SL: 2650
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.