Focus On Today’s Russia-Ukraine Negotiations, How Would The Gold Market React Today?
Don’t miss the opportunity to make a profit, check the gold trend now>>
A member of the Russian delegation to the Russia-Ukraine negotiation, Slutsky said that “substantial progress” has been made in the Russia-Ukraine negotiations, and the Federal Reserve’s interest rate decision will be ushered in this week, which will be detrimental to gold prices. However, some analysts believe that the Fed may only raise interest rates 4 times instead of 6 times as inflation risks have increased due to rising prices and the situation in Russia and Ukraine has brought many uncertainties to the economy. And some investors also believe that the Russian-Ukrainian war is not over, and the price of gold will continue to rise. Therefore, it is expected that the price of gold will fall in the short term, but may remain bullish in long run.
The trend of gold can be paid attention to…
16:30 Russia-Ukraine Negotiations
20:30 U.S. PPI (MoM)(FEB)
20:30 U.S. Retail Sales (MoM) (FEB)
02:00 Fed Interest Rate Decision
20:30 Initial Jobless Claims
Which will affect the trend of gold, and investors must seize the opportunity to place orders.
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