Gold to forget about bad times? Forecast as of 29.08.2023

The gold response to the important economic events should have resulted in price growth amid the expectations for the cooling of the US economy and the end of the Fed’s monetary tightening cycle. However, the eventual result will depend on the actual data. Let's talk about this topic and draw up a trading plan.

 Weekly gold fundamental forecast

Often, in order to understand exactly where an asset price will go in the future, one should pay attention to its reaction to important events. Gold's surge in response to disappointing US PMI data and its resilience in response to Jerome Powell's… Read full author’s opinion and review in blog of #LiteFinance