GOLD: Intraday Analysis & Setup update

Gold prices on Thursday hit record highs for the fifth time this month after the U.S. Federal Reserve signalled it would press ahead with three rate cuts in 2024 despite elevated inflation.

“The rally was started by yesterday’s Federal Reserve comments, basically confirming their intention to eventually start cutting U.S. interest rates,” said Julius Baer analyst Carsten Menke.

✅  Register or Login.

Related posts

USD/CAD: Daily Analysis & Intraday Forecast


EURUSD: Daily Analysis & Intraday Forecast


GOLD: Intraday Forecast & Setup update


This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More