Gold is disillusioned. Forecast as of 23.06.2023

The gold bulls bet on the global economic recession and faced the ongoing struggle of central banks with inflation. How does this affect XAUUSD? Let's talk about this topic and draw up a trading plan.

Weekly gold fundamental forecast

The gold traders expected a recession that would force the Fed and other central banks to sound dovish. The downturn should have pressed down the bond yields around the world and weakened the US dollar. However, the thing went according to a different scenario. Another wave of rate hikes from the central banks of the world has sent the precious metal… Read full author’s opinion and review in blog of #LiteFinance