Gold bows to no one. Forecast as of 08.12.2023

At first sight, the environment isn't favorable to the XAUUSD's rally. Inflation is slowing down, recession is far away, and geopolitics is no longer dreadful. Still, gold is rising. Why? Let’s discuss it and make a trading plan.

Weekly fundamental forecast for gold

Gold remains the biggest mystery of 2023. It has grown 13% this year, setting a new record in December, but no one can tell us why. The World Gold Council has long alluded to de-dollarisation and central bank activity. Still, it finally has to admit that the XAUUSD is affected in the short term by the USD's… Read full author’s opinion and review in blog of #LiteFinance