Gold Price Forecast: XAU/USD to suffer a phase of weakness during the summer months β Commerzbank
Sourceπ
Sourceπ
FXStreet
Gold Price Forecast: XAU/USD to suffer a phase of weakness during the summer months β Commerzbank
After the strong rise over the last few months, the Gold price is close to its all-time high. But Gold is likely to come under pressure yet again, eco
Cryptocurrencies Price Prediction: Lido DAO, Binance Coin & ApeCoin β European Wrap 16 May
Sourceπ
Sourceπ
FXStreet
Cryptocurrencies Price Prediction: Lido DAO, Binance Coin & ApeCoin β European Wrap 16 May
Lido DAO (LDO) price has set the performance bar rather high for itself this summer. With bulls chasing price action higher on Monday, a rejection occ
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The Blockopedia
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The Blockopedia
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U.S. CPI: +0.1% MONTH-OVER-MONTH (EST. +0.2%)
U.S. CORE CPI: +0.4% MONTH-OVER-MONTH (EST. +0.4%)
U.S. CORE CPI: +0.4% MONTH-OVER-MONTH (EST. +0.4%)
Federal Reserve keeps rates unchanged at 5.00-5.25%.
Dot plot shows a higher peak policy rate at 5.35% in September.
US Dollar rises across the board, Gold tumbles as US yields soar.
Dot plot shows a higher peak policy rate at 5.35% in September.
US Dollar rises across the board, Gold tumbles as US yields soar.
Red Alert π¨
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High Impact news on USD tonight which is Core Retail . Market will be very volatile during news and itβs very risky to trade during news.
If you guys want to trade during make sure you use your willing to loss accounts not main account okay. You can check news here forexfactory.com
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#CPI
CPI: 3.0% [Est. 3.1]
Consumer Price Index
In June, the Consumer Price Index for All Urban Consumers increased 0.2 percent, seasonally adjusted, and rose 3.0 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy increased 0.2 percent in June (SA); up 4.8 percent over the year (NSA).
CPI: 3.0% [Est. 3.1]
Consumer Price Index
In June, the Consumer Price Index for All Urban Consumers increased 0.2 percent, seasonally adjusted, and rose 3.0 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy increased 0.2 percent in June (SA); up 4.8 percent over the year (NSA).
π Gold is expected to bearish if it breaks the 1924 level, potentially reaching around 1919.
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