A surge in the US inflation in January does not change anything in the Fed's monetary policy. There are still two reports before the FOMC May meeting, and a lot can change. However, gold buyers are full of optimism. Let's talk about this topic and draw up a trading plan.
Key fundamentals & events impaction to Gold price
Gold followed Treasury yields rather than the US dollar. The price tested the level of $2,050 per ounce amid the US inflation report for January. Besides, US bond yields initially soared on expectations of hotter PCE data, but when the actual numbers... Read full author’s opinion and review in blog of #LiteFinance
What's Your Reaction?