Gold Treads Water Ahead of a Cascade of Central Bank Hikes. Where to for XAU/USD?
Gold, XAU/USD, US Dollar, FOMC, DXY Index, ECB, BoE, Crude Oil – Talking Points The gold price is steady today as markets await central banks actions The US Dollar tried higher but pulled back into the range amid uncertainty The market is eyeing today’s FOMC meeting. What will it mean for XAU/USD? Recommended by Daniel […]
Why Gold & Silver Offer MORE THAN ECONOMIC INSURANCE
There has been a lot of talk over the years about gold and its supposed role as financial ‘insurance’. But in today’s video Mike Maloney uses a simple chart to show how there are brief periods where gold & silver not only offer protection from economic turmoil…but simultaneously offer massive gains in true purchasing power. […]
The $100 TRILLION QUESTION That is Impossible To Answer…Or Is It?
Mike Maloney recently wrote an open letter to all Keynesian economists, posing several ‘one-hundred-trillion-dollar questions’. Find out what the questions are, and why they can not be answered honestly or logically without a severe change in thinking from the world’s ‘elite’ economists.About Mike MaloneyMike Maloney is host of the smash hit video series, Hidden Secrets […]
Last year, central banks bought most gold since 1967: WGC
Central banks added a whopping 1,136 tonnes of gold worth some $70 billion to their stockpiles in 2022, by far the most of any year since 1967, the World Gold Council (WGC) said on Tuesday. The data underline a shift in attitudes to gold since the 1990s and […]
Gold set for third monthly rise on softer dollar, US Fed slowdown bets
By Seher Dareen (Reuters) – Gold prices on Tuesday were on track for their third straight monthly gain, helped by an overall weaker dollar and expectations around slower rate hikes from the U.S. Federal Reserve. Spot gold pared most of its earlier losses on the day, and […]
Gold Slides Ahead of Fed Decision!
Gold began a correction as prices slipped away from the $1950 zone yesterday. The yellow metal started the year well as evidence has grown that monetary tightening have peaked. Up over 20% from last year’s low, is this price movement just a retracement, or are we looking at a full reversal? Timestamps XAUUSD 01:30 DXY […]
XAU/USD bulls could emerge ahead of Federal Reserve
Gold price hourly chart shows that the price is being jammed into the lows of the day. Gold price could see a short squeeze for the day ahead as traders get set for the Federal Reserve. The Gold price has drifted lower for a third day and is testing structure as we head towards key […]
XAU/USD seesaws around $1920s with traders bracing for US FOMC’s decision
Gold is subdued, though barely above its opening price, ahead of the Federal Reserve meeting. United States last week’s data justifies the Fed’s case to slow the size of interest rate increases. Gold Price Forecast: Choppy trading, still mostly sideways with traders sidelined ahead of the Fed’s decision. Gold price trades mostly sideways due to investors preparing […]
Market nervous before huge week of earnings and Fed announcement
Here is what you need to know on Monday, January 30: Markets are pretty quiet this morning as we have a lot to get through this week. Overnight, equities in Asia were weak as risk-off was the main theme. The Hang Seng closed down nearly 3%, while the Nikkei was flat. No surprise here given we […]
Gold fears heights. Forecast as of 30.01.2023
2023.01.30 2023.01.30 Gold fears heights. Forecast as of 30.01.2023 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The excitement because of the end of the Fed’s tightening cycle pushed gold to its highest levels since April. However, the Fed may turn dovish in 2023, which encourages the buyers to exit long trades. Let’s talk about this topic and draw up a […]