Gold received a present from the Fed. Forecast as of 15.12.2023

The Fed's monetary expansion in 2024 could change the game rules in the physical gold market. Capital outflows from ETFs could stop, and central banks will continue large-scale gold buying. Let's discuss it and make a trading plan.

Weekly fundamental forecast for gold

If gold survived in a Spartan environment with high rates, how far can it go when rates start declining? We have already seen a "rehearsal" when gold hit record highs amid Powell's failure to persuade the markets that there would be no monetary expansion. Once the Fed chair agreed with the market, the XAUUSD quotes resumed trending… Read full author’s opinion and review in blog of #LiteFinance