Fundamental Analysis:
The recent monetary policy decisions, such as the increase in interest rates, have a significant impact on the direction of the XAU market. According to one view, the bearish trend is expected to continue due to the effects of these monetary policy changes on supply and demand dynamics. However, another perspective suggests that XAU may be able to rise even during high inflation and interest rates, as the market dynamics are complex and multi-faceted. Additionally, there are concerns that the continued rise in interest rates may lead to a decrease in XAU value. Overall, the direction of XAU is influenced by many factors, including monetary policy and market sentiment, and careful analysis is necessary to make informed predictions.
Technical Analysis:
Our technical analysis has proven accurate as we correctly predicted the drop in XAU/USD due to changes in monetary policy and increased demand for USD. With expected monetary policy decisions and continued rising interest rates, we anticipate a further decline in XAU prices.
Targets:1833,1800,1724,1700 (Check my last analysis for XAU for full details)
"Don't forget to like"
.
.
.
.
.
.
"Thanks for giving your time to read my idea."
The recent monetary policy decisions, such as the increase in interest rates, have a significant impact on the direction of the XAU market. According to one view, the bearish trend is expected to continue due to the effects of these monetary policy changes on supply and demand dynamics. However, another perspective suggests that XAU may be able to rise even during high inflation and interest rates, as the market dynamics are complex and multi-faceted. Additionally, there are concerns that the continued rise in interest rates may lead to a decrease in XAU value. Overall, the direction of XAU is influenced by many factors, including monetary policy and market sentiment, and careful analysis is necessary to make informed predictions.
Technical Analysis:
Our technical analysis has proven accurate as we correctly predicted the drop in XAU/USD due to changes in monetary policy and increased demand for USD. With expected monetary policy decisions and continued rising interest rates, we anticipate a further decline in XAU prices.
Targets:1833,1800,1724,1700 (Check my last analysis for XAU for full details)
.
.
.
.
.
.
"Thanks for giving your time to read my idea."
