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Geo-Risks And U.S. Inflation Works Hard Together To Push The Gold Price Higher
Don’t miss the opportunity to make a profit, check the gold trend now!
In the short-term, Russia may invade Ukraine at any time, coupled with the cooling of market expectations for the Fed to raise interest rates by 50 basis points in March and the falling of the U.S. stock market on last Friday, which hitting a new low in nearly three weeks, all boosted gold prices. However, from the perspective of gold’s medium and long term, the market expects that the prospect of the Fed raising interest rates will still become an obstacle to the rise of gold prices. Therefore, short-term gold prices are bullish, and medium- and long-term gold prices are bearish.
The trend of gold can be paid attention to…
21:30 Initial Jobless Claims Of The Week In U.S.(Till Feb.19)
21:30 Domestic Product (GDP) (Q4)
01:00 FOMC Voter, Mester Speaks
21:30 Annual Rate Of Core PCE Price Index(JAN)
21:30 US Core Durable Goods Orders(JAN)
23:00 U.S. University Of Michigan Consumer Confidence Index Final Value(FEB)
Which will affect the trend of gold, and investors must seize the opportunity to place orders.
Daily Focus allows you to understand the gold market, increase profit opportunities, and immediately seize the opportunity.
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