Fed officials hinted that interest rate hikes are coming to an e

The dollar hit a three-week low on Monday, while gold prices were little changed as investors awaited U.S. inflation data that could affect the Fed's policy stance, while palladium rose after comments from Fed policymakers reinforced expectations that the tightening cycle is coming to an end. December 2018. It has since fallen below $1,200 for the first time.


On July 11, the key data that investors need to pay attention to: the unemployment rate in May in the United Kingdom-according to the ILO standard, the final value of the CPI annual rate in June in Germany, the ZEW economic sentiment index in Germany in June, the economic sentiment index in Eurozone in July, and the July economic sentiment index in Germany. ZEW Economic Sentiment Index. Major events to watch include the convening of an informal meeting of EU energy ministers, the 2025 FOMC voting committee, and St. Louis Fed President Bullard's online discussion of US economic and monetary policy.


Gold prices were little changed on Monday as investors awaited U.S. inflation data that could affect the Federal Reserve's policy stance. Both are expected to tighten policy further.


Gold adjusted to the support level formed after the breakthrough of the 1-hour downward trend line as scheduled yesterday, and quickly pulled up after stepping back. Today, we will focus on whether gold can step back on the support level formed by the 1-hour new trend line. Continue to do more after adjustment.

The trend is still floating within my analysis, hello traders, please continue to pay attention to my analysis, I wish you a happy life

Сделка активна:

Guys gold keeps going up as I expected

Сделка активна:

That's super power from a professional analyst, follow me and don't make money that's impossible, man