This user was banned for violating the House Rules. The ban is for social activity only - participating in public chats, publishing ideas, commenting and so on. The ban has no effect on the functionality of the platform.
Dear esteemed brothers and sisters, gold continues to rise strongly, increasing by $10 compared to yesterday's trading session, currently trading at $1963 and trading confidently around this level. This is happening in the context of the USD weakening quite rapidly.
With the trend of the Fed likely to reverse monetary policy in 2024, pressure on the USD is...
Fundamental analysis:
Gold surged over 25 points yesterday after CPI data was released worse than expected. This led the market to believe that the FED may soon end its tightening process in the near future.
Annual core inflation has decreased from 3.7% to 3.2%, while overall inflation has also slightly decreased to 3.8% per year. Although this figure is still...