23-04-2024 11:55 via litefinance.org

Gold departs from Fed policy and Treasury yields. Forecast as of 23.04.2024

In 2024, gold broke down its ties to Fed monetary policy, robust US economic performance, and soaring US Treasury yields. What are the reasons behind this historic shift? Let's discuss it and make a trading plan.Monthly fundamental forecast for goldUnderstanding the past is necessary to predict the future correctly. Unfortunately, history offers no clues as to gold's fate. The precious metal has broken decades-long ties to the debt and currency markets, and the outflow of capital from ETFs amid
Read more »