Title: Gold: Continues to Benefit from Fed’s Recent Dovish Shift
Post by: forex4you on Jan 19, 2025, 04:28 am
Post by: forex4you on Jan 19, 2025, 04:28 am
Gold: Continues to Benefit from Fed's Recent Dovish Shift
Source: Gold: Continues to Benefit from Fed's Recent Dovish Shift (https://www.actionforex.com/contributors/technical-analysis/582984-gold-continues-to-benefit-from-feds-recent-dovish-shift/)
Gold price eased from five-week high on Friday, driven by a partial profit-taking at the end of the week, following a three-day rally. The yellow metal was supported by recent US economic data which showed weaker than expected US core inflation numbers in December and revived narrative of more Fed rate cuts in 2025. Markets […]
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Source: Gold: Continues to Benefit from Fed's Recent Dovish Shift (https://www.actionforex.com/contributors/technical-analysis/582984-gold-continues-to-benefit-from-feds-recent-dovish-shift/)