Gold continues to correct lower amid the selloff in the US stock market as it tightens financial conditions when it’s this aggressive.
The problem here is that we got weaker economic data with increasing inflation expectations. The market might be fearing that in case we get a slowdown, the Fed might not be fast enough in cutting rates amid inflation remaining above target and uncomfortably high long-term inflation expectation
The problem here is that we got weaker economic data with increasing inflation expectations. The market might be fearing that in case we get a slowdown, the Fed might not be fast enough in cutting rates amid inflation remaining above target and uncomfortably high long-term inflation expectation
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t.me/addlist/0XbNFLVocK5kZTJk
I am ready to help you only free signals
t.me/addlist/0XbNFLVocK5kZTJk
I am ready to help you only free signals
t.me/addlist/0XbNFLVocK5kZTJk
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.