Gold Price Forecast: XAU/USD bears move in for the kill ahead of key event, Fed's Powell Gold Commodities DollarIndex Fed
data argue that policy is not restrictive enough, and the Fed may have been wrong-footed by soft Q4 data. The Fed might be well served in emphasizing the importance of short-term inflation expectations and current inflation in its estimates of restrictiveness,'' the analysts added.
Meanwhile, we have a 78.6% Fibonacci target on the 4-hour chart that meets a volume point of control of the prior bullish impulse as follows: Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions.
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