RSS Gold May Sink As Fed Pause Nears. Forecast as of 17.12.2024

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 RSS Gold May Sink As Fed Pause Nears. Forecast as of 17.12.2024

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Gold quotes were buoyed by central banks and de-dollarization in 2022–2023 and by Fed rate cuts in 2024. However, the XAUUSD will likely lose its advantages at the end of 2024 or the beginning of 2025. Let's discuss this topic and make a trading plan. Major Takeaways The XAUUSD fails to revive its uptrend. A pause in the Fed's monetary expansion may trigger a correction in gold prices. The precious metal can be saved by the US dollar's collapse in the second half of 2025. Gold may drop below $2,600 per ounce. Weekly Fundamental Forecast for Gold What are the... Read full author’s opinion and review in blog of #LiteFinance
 
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