World gold is in the mood for Fed cuts
The world gold price went down, the USD continued to gain and showed that 10-year US government bonds also reached their highest level in the last 2 weeks. The school's attention focuses on the US personal consumption expenditure price index (PCE) in May - an appropriate control measure of the US Federal Reserve (Fed) to better know the interest rate performance of the US. center row. In addition, there are estimates of US Q1 GDP and an important debate between US President Joe Biden and Republican opponent Donald Trump on June 27.
According to CNBC, Fed Governor Michelle Bowman said on June 25 that maintaining policy rates stable “for a while” may be enough to control inflation, but reiterated that she is ready to raise interest rates if necessary. . If interest rates decrease, it could bring gold prices down...
💵
XAUUSD SELL 2316 - 2318💵
✔️ TP 2310
✔️ TP 2300
❌ SL 2323
💵XAUUSD BUY 2286 - 2288💵
✔️ TP 2295
✔️ TP 2300
❌ SL 2279
According to CNBC, Fed Governor Michelle Bowman said on June 25 that maintaining policy rates stable “for a while” may be enough to control inflation, but reiterated that she is ready to raise interest rates if necessary. . If interest rates decrease, it could bring gold prices down...
💵
XAUUSD SELL 2316 - 2318💵✔️ TP 2310
✔️ TP 2300
❌ SL 2323
💵
XAUUSD BUY 2286 - 2288💵✔️ TP 2295
✔️ TP 2300
❌ SL 2279
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